Everything explained in video, sorry for 20 min long but wanted to show everything what i think about it.
-We could see another 70% gain historically from the EMA cross which puts us at 17k target
-Same thing shows Elliot Wave theory if we get 261 ext for wave 3 and 78.6 for wave 5.
-Watch for 21EMA and 55EMA on 4hr which confirms uptrend strength.
Good luck and trade smart !
-We could see another 70% gain historically from the EMA cross which puts us at 17k target
-Same thing shows Elliot Wave theory if we get 261 ext for wave 3 and 78.6 for wave 5.
-Watch for 21EMA and 55EMA on 4hr which confirms uptrend strength.
Good luck and trade smart !
Comment:
So far so good , bitcoin bounced of 21ema on 4hr and now we are fighting 25MA on 1hr which has been resistance. If we break this, expect a move back to 12300-12400 first and than higher
Comment:
If we fail with the 21EMA on 4hr we will move to 55 which is around 11150, also bottom of my channel. Opportunity to buy there