Technical Analysis
Bitcoin it's been almost a year its inside a correction a W-X-Y-X-Z Correction. First of lets talk about the bull cycle which started from 2014 and lasted till late 2017 a massive parabolic rise in price.
This massive rise in price is followed by a bear market like this
if we count the corrective wave its a W-X-Y-X-Z Correction and its near the end or in last wave Z Which will drop somewhere between $4000-$5000.
So to trade this setup I'm casting a laddered buy structure in between $4000-$5000 level.
That's all, thanks guys for looking into it and don't forget to leave a like and follow me for more
Thank You
Bitcoin it's been almost a year its inside a correction a W-X-Y-X-Z Correction. First of lets talk about the bull cycle which started from 2014 and lasted till late 2017 a massive parabolic rise in price.
This massive rise in price is followed by a bear market like this
So to trade this setup I'm casting a laddered buy structure in between $4000-$5000 level.
That's all, thanks guys for looking into it and don't forget to leave a like and follow me for more
Thank You
Trade active:
I have put two order first at $4300 and another one at $4100
Trade active:
One Order Got Filled
Trade closed manually:
Resistance Reached Updating The Idea Soon
