Bitcoin
Short

Simple idea chart analysis for BTC

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Uptrend Elliot Wave finished two times. ABC finished and minor uptrend was made. ABC again to finish chart patttern.
  • Minor uptrend haves already 4 points E.W. . The fifth point is at 300% of it's own fibonacci.
  • I used the fibonacci inside gap of first peak and fourth peak, jumping midle wave for better structure.


I sugest to not buy until further comfirmation.
On another note: big whales are buying now, so selling would be a good risk.
Transaction en cours
snapshot
Note
E.W. 300% is below 67.5k. TP should be on that area for now.
Note
snapshot
Trade fermée manuellement
snapshot

E.W. in 1H timeframe finished. There's no need to risk it and keep going sell. It's better to close and take profit.
Chart PatternsTrend AnalysisWave Analysis

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