WeyWang

long, big targets for BTC

Long
WeyWang Updated   
BITSTAMP:BTCUSD   Bitcoin
The first version of the excitement:
the price completed the wave v of C at the level of 3800. the rebound from 3800 could be the first wave of the minute degree, then the decrease in the zigzag abc to 0.78 Fibo and the formation of the iii wave began. The orange line is 0-2, the output is lower or the completion of the correction is abc, which is unlikely,or a decrease , but another wave marking will already take place. Confirmation of the first model is an exit to 8k.
DEAL: enter now, stop 4400, add a position when exiting above 6k.
Comment:
#update BTC
We just thought of it and came to the conclusion that the exit above the important level of 6k may be false, there is a possibility of the formation of wave c in the zigzag abc in the form of the ending diagonal triangle (wedge). It is necessary to see whether the waves in c go in triples, then it’s like a wedge, which means 6200 and down
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.