We just hit the bottom of 6k of BTCUSD and we are starting a new cycle. On the sublevel we are completing wave 5 that will bring us to the ABC final part. I see a good shorting opportunity from point 5 to point A.
After our ABC correction we will hopefully see a very strong growth that will bring happiness and wealth to all of us, we all want BTC to rise after all, even we short it from time to time :-)
After our ABC correction we will hopefully see a very strong growth that will bring happiness and wealth to all of us, we all want BTC to rise after all, even we short it from time to time :-)
交易進行:
As expected the very bullish trend pushed the price a little longer than my short opening target, so the trade suffered a bit.
Now I see the correction started as expected, I might have to adjust the close target accordingly, safe expected closing targets:
1) 8600 USD
2) 8400 USD
3) 8200 USD
Extreme targets:
4) 7800 USD
5) 7600 USD
6) 7200 USD
In case the dump becomes stronger than expected:
7) 6000 USD (forming a double bottom with previous low)
Now I see the correction started as expected, I might have to adjust the close target accordingly, safe expected closing targets:
1) 8600 USD
2) 8400 USD
3) 8200 USD
Extreme targets:
4) 7800 USD
5) 7600 USD
6) 7200 USD
In case the dump becomes stronger than expected:
7) 6000 USD (forming a double bottom with previous low)
My initial target is 8.2k to rebuy, I will refine it on the way down.