meszaros
Long

BTCUSD long TP: 11685usd

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin builds the second rising wave of a double wave system. It can be seen that the correction wave structure in the yellow rectangle is the same. Therefore, I assume that the current ascending structure may be the same size. In case the idea is correct, the target price is 11685 usd

Comments

this construction was just broken when we dipped to 10500, do I understand correctly?
Reply
Lite_ IndoMilo
@IndoMilo, I believe so, currently trading well past stop loss and consequently doesn't remain in the ascending structure as predicted.
Reply
Thanks for your thoughtfull analysis. I was missing your analysis.
Reply
@Tahia, In the longer term, I expect bitcoin to rise. I will buy at these levels.
Reply
@Tahia, Thank you for your opinion. :)
Reply
Thank you for your analysis, it means a lot
Reply
meszaros NIcodebo1
@NIcodebo1, Good luck. 👍
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out