This is my plan to entry for a long positions on Bitcoin.
I am still bearish on Bitcoin and I will show after this my trade setup for short positions, but anyway the market can do anything and if it will go long than I must see something to enter for a long position.
Only count from here is to have an bigger 1 wave and now multiple 12 12. The last 1 wave it can be this expending leading diagonal and after the correction I would enter for a long position after the price breakup the B wave. The correction can also end in the area of 4th wave from the expending leading diagonal .
Invalidation will come if price goes below wave 2 from the first 12 formation.
I will keep update this trade setup so if you like it subscribe for future updates
I am still bearish on Bitcoin and I will show after this my trade setup for short positions, but anyway the market can do anything and if it will go long than I must see something to enter for a long position.
Only count from here is to have an bigger 1 wave and now multiple 12 12. The last 1 wave it can be this expending leading diagonal and after the correction I would enter for a long position after the price breakup the B wave. The correction can also end in the area of 4th wave from the expending leading diagonal .
Invalidation will come if price goes below wave 2 from the first 12 formation.
I will keep update this trade setup so if you like it subscribe for future updates