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.
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
- 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
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
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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The Daly chart is quite consistent