Hi guys,
I wanted to share a trade opportunity on BTCUSD.
As you can see the price reached a key level support after a massive sell, i counted a full completed Elliot Wave (impulsive and corrective), also i see a double bottom touching the major support area, we have as well a falling wedge that the price just has broken.
I see multiple bullish patterns now, currently we have 3 resistance in our way to the moon, 7500 USD, 9000 USD and the key level of 11500 USD where the price twice were rejected.
If there are not enough buyers and the price manage to break the major support of 6000 USD.... I don't that this will happen but everything is possible.
Personally im not into trading cryptocurrencies because of fundamentals, fundamentals on crypto make the price very volatile and can make me homeless in minutes. Im more into long term investment, i will buy more and hold.
Trade Safe!
Greetings,
D. Sayan
I wanted to share a trade opportunity on BTCUSD.
As you can see the price reached a key level support after a massive sell, i counted a full completed Elliot Wave (impulsive and corrective), also i see a double bottom touching the major support area, we have as well a falling wedge that the price just has broken.
I see multiple bullish patterns now, currently we have 3 resistance in our way to the moon, 7500 USD, 9000 USD and the key level of 11500 USD where the price twice were rejected.
If there are not enough buyers and the price manage to break the major support of 6000 USD.... I don't that this will happen but everything is possible.
Personally im not into trading cryptocurrencies because of fundamentals, fundamentals on crypto make the price very volatile and can make me homeless in minutes. Im more into long term investment, i will buy more and hold.
Trade Safe!
Greetings,
D. Sayan
Comment:
Price mooning!!!! Soon lambo!