AlwinGoutham

Long or Short????

AlwinGoutham Mis à jour   
BITTREX:BTCUSDT   Bitcoin / Tether
BTC is now in a crucial point.Price movement of next few days will decide its destiny.

There are two possible cases
1 ) Bull run upto $28000
2 ) Pullback to $5200

First target $28000 is set by considering the current waves as wave 1 of wave 5

Second target $5200 is set by taking it as the end of wave 5

I'll elaborate this in the next update soon
Commentaire:
A bounce from anywhere above the green line and closing above the top red line will be a strong signal for the first case(BULL RUN)

Close below the green line will be warning for further fall
Transaction en cours:
First support failed to hold..next support is @10275..I'm expecting reversal @9850
Commentaire:
Looks like BTC is heading down..Closed below the green line in 4h chart
Commentaire:
Already a rejection in 1hr chart
Commentaire:
Strong reversal sign in day chart
Commentaire:
A small pullback followed by breakout from the trendline is what I'm expecting now
Commentaire:
we haven't reached the safe zone yet.Need to break the blue lines for confirmation of second scenario.
Commentaire:
Broke the previous support..Next support is @7700
Commentaire:
Good bounce from the support
Commentaire:
Possible reversal to the green($8850) or red line($9800).Yellow line has to be breached for confirmation
Commentaire:
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.