It is hard to say what's really happening now - too much probabilities and scenarios...
I see that we are possible on bullish market with first wave, started from 6000, corrected to 6450(wave II) and now we are on wave 5 of sub-wave 1 of wave III of global movement - it is not confirmed yet, but if it is i see BTC price for Q4 2018 is about 37-42k$.
So, we may go to 8620-8670 and then return to correction with target 7800$ - it will best correction target which confirms waves marking from 12 April, or we may go higher up to 9100 and then return to correction: do not believe now because of 4h/1D RSI .
Mayor level to buy is 7800, Plan B - add position at 7500... Stop is less tha 7500.
Let's see the price action.
I see that we are possible on bullish market with first wave, started from 6000, corrected to 6450(wave II) and now we are on wave 5 of sub-wave 1 of wave III of global movement - it is not confirmed yet, but if it is i see BTC price for Q4 2018 is about 37-42k$.
So, we may go to 8620-8670 and then return to correction with target 7800$ - it will best correction target which confirms waves marking from 12 April, or we may go higher up to 9100 and then return to correction: do not believe now because of 4h/1D RSI .
Mayor level to buy is 7800, Plan B - add position at 7500... Stop is less tha 7500.
Let's see the price action.
Trade active:
9100 become more realistic, even 9500
Comment:
Looks like We are in B-wave correction, and target is near 9530
Comment:
Probably that way/waves
Comment:
Possible triangle
