Market-Right-Side

In Short Term BTC is Bullish

Long
BITSTAMP:BTCUSD   Bitcoin
In our daily chart, you can see in the orange circle wave 4 in blue and wave 2 in black which are edging buy area. The green Fibonacci Retracement 38.2% area shows the end of wave 4 which is a buy area once BTC(Bitcoin) is bullish in short term. Wave 2 is an edging buy area and we need to wait for some weeks to happen. Don't sell BTC(Bitcoin) in all time frames now. Next week, we'll update this chart again.
Comment:
As we had predicted BTC is now doing Wave (4) in Black.
The Daly chart is quite consistent
Trade active:

- As we can see in the chart, BTC is now doing the wave 5 in blue and finishing the wave (1) in black.
- Around $31,500 ~ $32,000 BTC will find sellers.
- We expect a correction ABC from that level to $25,000 ~ $26,000
- As you can see in the orange circle area wave (2) in black and this area can be a good edging buy area
Trade active:

Technical Information:

We've updated the chart because BTC is still doing wave (4) in blue and not wave (5) as mentioned in last chart

Technical Analysis:

- H1 & H4 Right Side are Turning Up
- Around $30,000 ~ $31,000 BTC can find sellers.
- If you want to buy in wave (4) in blue you need to put a stop-loss around $25,000
- Now the edging buy area with completed wave ((2)) in black is around $21,000~$22,000
Trade active:

Technical Analysis:

********** YOU CAN SEE OUR WEEKLY BTC FORECAST WAS VERY VERY RIGHT **********

- As shown in the last weekly chart, BTC is still doing a wave ((1)) in black
- Around $30,000 ~ $31,000 sellers will must appear
- The hedging buy area is with complete wave ((2)) in black around $23,000
- H1 & H4 Right Side are Turning Up

Technical Information:
- Wait for the correction to be completed in the wave ((2)) in order to be long

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