Hisham577

Possible Scenario (Hitting 14000$) ?!

BINANCE:BTCUSDT   Bitcoin / Tether
Disclaimer: do not take this as financial advice, i'am just learning :)

1- i see that we are starting to form the last part of the correction cycle
2- in green we are forming the wave number 1 of the long term Elliot wave
3- we could see 14000$ anytime soon before visiting 10000$ level (or we could break through and reverse)
評論: there is no sellers, we are consolidating before a jump to the 14000$
評論: a bull trap to the 14000$ is kinda confirmed, the market is indecisive, there no sellers left so we will see the 14000$ and then possible huge sell off to the 8000-9000$ mark
評論: resistance at 50 d MA (11700) but regardless i think we will continue moving up, but we will retrace to 11000$ before that
評論: yeah we could see a bearish movement to 9000$ but what if we already hit the low ?!
notice the ABC correction waves (blue arrows)
snapshot


everything will be clear in the next 24-36 houres
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