TR7z

BTC - 5th wave finished?

Long
TR7z Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello trader,
Good mood and profitable deals 💲

After the sharp drop in the 28k range, we were able to see beautiful 4h reversal candles with good volume . Supported by WMA 50. Now the question is can we expect further upward movements in the 50k range or are we currently in wave 3 of the 5th downward wave. I prefer further upward movements. Anything over 50k would make me longtherm bullish , but there is still a long way to go.


4h chart

1h chart

15m chart

BTC.D vs OTHERS.D

I call the top

I manage to call the end of the 5th wave as well? Follow the green arrow to the point

FIB logscale roadmap with fractal

I would like to mention that all I post are just options and my own opinion !

Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.


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Thanks for reading my ideas,
Trade save!!
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Bulls need a HL.All under 31k the fight ist lost, in my opinion
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Im waiting for iv H&S breakout and retest,than LONG
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i closed my trade.-2%
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possible Fractals
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strong resistance directly above us
0.618 retracement
1h MA200
4h MA50
1D MA300
1D Ichimoku cloud conversion line
If 31k holds I give BTC a good chance for further upward movements
But be careful, it could also have been an ABC correction
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Bullish view
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Bearish view
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extreme bullish view
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risky breakout short
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trade closed-1,27%
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Trading in Triangle
Bullish and Bearish options
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For me it looks like a bottom is building
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look at the Volume
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Triple top or range in 1h chart, indicators prefer top in LTF
15m- 4h bearish divergence.1D MACD crosssed bullish and bullish RSI divergence.
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Bottom in LTF. I am waiting for confirmation in 4h chart for the next LONG
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trade active
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we are here ?

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