Alış
Wave 3 up still in play

We are still in play for a third wave up which will likely start at the .786 fib retracement level (17-18 satoshi mark). We are still in a pennant and in a parallel channel which I feel we will break upwards at the .786 retracement mark. I would enter a trade around the 17-18 satoshi mark with a stop loss at 12 satoshis maybe 13 or 14, your preference. The first 2 targets would be key resistance areas and the 3rd target would cap off a 1:1 fib extension.
Target 1: 27-28 sats.
Target 2: 37-38 sats
Target 3: 45+ sats.
I don't like to trade with exact targets because I treat support and resistance as an area as opposed to one fixed number.
Note: This is not financial advice. I am not a financial adviser nor do i give financial advice. I am just showing others a trade I will be potentially entering. Invest at your own risk. View this post as a learning opportunity for me and you. Once a student always a student.
Quick note: to clarify the Elliot wave, the letters a b and c are part of the ABC correction which will end wave 2. The roman numerals are sub waves on either a major wave like wave 1 or a subwave of the C correction wave. I would have added subwaves for each individual correction and but that would be a messy situation for individuals who aren't familiar with Elliot wave.
Chart is accurate as of March 2, 2019. 3:11 EST.
Target 1: 27-28 sats.
Target 2: 37-38 sats
Target 3: 45+ sats.
I don't like to trade with exact targets because I treat support and resistance as an area as opposed to one fixed number.
Note: This is not financial advice. I am not a financial adviser nor do i give financial advice. I am just showing others a trade I will be potentially entering. Invest at your own risk. View this post as a learning opportunity for me and you. Once a student always a student.
Quick note: to clarify the Elliot wave, the letters a b and c are part of the ABC correction which will end wave 2. The roman numerals are sub waves on either a major wave like wave 1 or a subwave of the C correction wave. I would have added subwaves for each individual correction and but that would be a messy situation for individuals who aren't familiar with Elliot wave.
Chart is accurate as of March 2, 2019. 3:11 EST.
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.
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.