ovac4u

The trend is set.

Short
BITFINEX:BTCUSD   Bitcoin
4k TP Target 1 hit, so what next?

In theory, at this point, all roads seem to lead to 1,200 IMO
to complete the wave seven (7) of the Hyperwave theory/pattern.

Target 2 In view. (1,100 - 1,800 area)
Target 3 = 600 - 800 area 😱

  • Yellow line = Trend line resistance retest.
  • Blue dotted line = fair price Uptrend channel.
  • Blue solid line = ALCM/DCA reaction Buy Zone
  • Red dotted line = far price Downtrend channel
  • Green 0.618 = Reaction rally rejection area.

The trend is your friend until the end. Be safe.



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Remember to always use a stop loss and manage your risks.
This is a very risky and unregulated market - You may lose all your money (90% will lose money) - I, therefore, take no responsibility for your losses if and when it happens

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