#BTC 4H
Hello again! Unfortunately our Stop-Loss was hit earlier today at around 6380 & now here we are with our most recent analysis.
In 4H & Daily time-frames we can confirm a complex correction which is currently moving in the form of wave E from D.
And moreover we have a Positive Divergence showing on MACD in higher time-frames confirming the fifth correction wave which can derive Bitcoin to move upto 6900-7000 upon completing this wave.
At last but not least, the fall from 6750 resembles a zig-zag pattern and we can expect a fall down until 5950-6000 from Bitcoin.
We still hope for Bitcoin to make an attempt to break the long-term downtrend and rally to the top
Now...! Here is the solution for our dear members:
If your Stop-Loss is activated from previous analysis, don’t hurry! Wait for price to reach 6000 and in case you enter the market, set your stop-loss at 5850 (Subject to stabilization below this region)
Those who are still holding: you may hold until 5850 to see how market reacts.
If you have entered somewhere between 6000-6200 then you better exit temporarily at around 6480 and wait for our next buy signal.
Best Stop-Loss for the current movement is at 5850 (Subject ta stabilization under this region.
Good Luck!
Team Cryp2Club
Hello again! Unfortunately our Stop-Loss was hit earlier today at around 6380 & now here we are with our most recent analysis.
In 4H & Daily time-frames we can confirm a complex correction which is currently moving in the form of wave E from D.
And moreover we have a Positive Divergence showing on MACD in higher time-frames confirming the fifth correction wave which can derive Bitcoin to move upto 6900-7000 upon completing this wave.
At last but not least, the fall from 6750 resembles a zig-zag pattern and we can expect a fall down until 5950-6000 from Bitcoin.
We still hope for Bitcoin to make an attempt to break the long-term downtrend and rally to the top
Now...! Here is the solution for our dear members:
If your Stop-Loss is activated from previous analysis, don’t hurry! Wait for price to reach 6000 and in case you enter the market, set your stop-loss at 5850 (Subject to stabilization below this region)
Those who are still holding: you may hold until 5850 to see how market reacts.
If you have entered somewhere between 6000-6200 then you better exit temporarily at around 6480 and wait for our next buy signal.
Best Stop-Loss for the current movement is at 5850 (Subject ta stabilization under this region.
Good Luck!
Team Cryp2Club
Crypto Club TA team
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/IrCryptoClub
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/IrCryptoClub