nonobdx

BTC consolidation pattern

nonobdx Güncellendi   
BITFINEX:BTCUSD   Bitcoin
One possibility it is that BTC is forming a ABCDE correction.
I see a end of bull cycle on H1 today so that might confirm this hypothesis, let see what's happen next, this theory is invalidated if we break 7450.
A+
Yorum:
It seems BTC is following the plan, we find a C point imo, i'm shorting it until we find a end of bear trend in H1.
Yorum:
Hi
I put my SL on my entry 7050, because if we make a higher high here it will invalidated the scenario
Yorum:
SL 6900 and PTP at 6660
Yorum:
BTC is moving to fast for a triangle imo
a bear penant is more plausible
I take a PTP at 6660 and i will renforce my short a 6900 and re up mys SL a 7000
Yorum:
BTC still searching "D" point imo. During "A" to "B" travel we have a pattern, fast drop/range/drop to the support and then go C. I am expected the same here. We are at the "range" phase, so i m waiting a drop today to find a correct "D" point in the targeted area where i will close 50% of my short position open on "C". Then i will increase my position at E point with bigger leverage in order to play the break down of this ABCDE.
That's my plan, but is it BTC plan? will see
Yorum:
IT seems that wavetrend find the E point
I have increase my shorting position here Target 6000
I usual this is my plan, but is it BTC plan?
Yorum:
Go deep?
Yorum:
OMFG BTC is SPACEX
break up of the penant, no coment.... imo we are still bearish

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.