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Bitcoin - 180% PROFIT on this trade! | Elliott Wave

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BINANCE:BTCUSDT   Bitcoin / TetherUS
  • In this analysis, you will discover a strategy or a plan for 180% profit on Bitcoin. Please, read!
  • The stock market and cryptocurrencies are in a bear market, but that does not mean that there are no opportunities. The fundamentals have never been worse for bitcoin since its existence.
  • On the chart you can see a great potential setup that you can take for a massive profit, up to 186%! 12500 USDT is a very strong level and there is a confluence to buy exactly at this point. 
  • Confluence: start of the gap from 2020 + previous swing high from 2019 + impulse Elliott Wave completed + Wave A + previous Wave (1) support + previous breakout level of the Head and Shoulders pattern. 
  • If you don't want to wait for this profit target, you can sell Bitcoin at 17600 USDT or 24000 USDT, which are strong resistance on the way up. But I think 24 000 USDT is definitely doable! 
  • The price is below the 200 weekly moving average, which is really bad. This particular MA is considered a strong support/resistance by huge institutions and hedge funds.
  • According to my Elliott Wave analysis, there is a high probability that we are going to finish this incomplete impulse wave, so more downside is possible! 
  • Buy bitcoin at 12500 USDT and sell it at 35900 USDT. It sounds like a great plan, doesn't it?
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Yorum:
New analysis: Bitcoin 2018 vs 2022.
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.