Hello guys,

I'm a bit doubtfull of using the euro             chart due to the weird spikes that occur like we can see here in the wave 1. Anyway.

This is my current thought about the BTCEUR             pair based on recent developments. We had a very shallow fifth rectracement (orange line) and many people expected it to go down to 6000 before pumping up. Even for me, I missed the buying opportunity here and am waiting for the first bigger wave to complete and buy on the dip of wave 2. This is still risky though since we are still in a bear market even when we complete the potential first bull wave (green line).

Potential peak of the first bigger wave (white); 7024 (Fib level + prior resistance)
If the market has strong bull sentiment we might reach 7480 before having a healthy pullback of this bull wave.
The RSI on the daily still has some room to pump up wave 5.

For the moment I'm just going to wait for it to retrace to more interesting levels after this huge pump that we had.
Buy zone; 6030 - 5850

Likes and comments are welcome!

p.s this is no financial advice
評論:

Possibility 1: we just finished our wave B and are going until the Fib 0.5 which is also previous resistance (6150)
Possibility 2: we just finished our wave 4 of the wave A in the correction which means we will hit the target I initially put around 5900
評論: We see a nice 3 wave structure in the B wave.
評論:
評論: Still going as expected into our C wave!

But don't forget, still bear market, be cautious trading.

相關想法



Looks like the 5th wave is set in early and we are ready to set for an correction. Once XBTEUR will reach fib 0.618 levels I would be interesting in getting in.

Be cautious though, we are still in a bear market! BTC can still retest previous lows from February. Even in the bullish scenario, a wave 2 can retrace deep so it is better to wait for a clear confirmation!
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出