bakir89

The second scenario

Long
bakir89 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
We may have a complicated Correction that means we are goin to have WXY correction in the 4th wave of Wave A that means we may go higher up to 48K before we drop again to complete the 5th Wave of the wave A
this scenario may happend if the price was able to trade and close above 31K
Comment:
3 bullish pin bars with long tails on 4H frame at a support area confirms that we will go up but we are making a triangle pattern on the 1H chart so we need to wait until we break it going up to be sure we are going up from there
Comment:
triangle pattern is broken we are going up from there i think
Comment:
First target 35K
Comment:
Second Target 40K
Comment:
nothing changed we still going at least to 40 K
Comment:
Almost there
we will have a correction now to 36K
Comment:
did hit the last target and now i think we are going to 30K
but still not sure if the wave 4 finished or we may still have xxz corrction
i will share another idea when we see the price reacrion at 30k

Related Ideas

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.