After holding at the centerline, price did what it has to, go up to the U-MLH: Where to go from here? Dunno...could be that price shoots up further to the WL1, or go south again to the centerline as a logical target for the shorties. Until price will scream at me, I'l sit on my hands and watch the birds... P!
I expect the price to float above 1200 as we wait for SEC to announce the ETF outcome this Friday. This is a good opportunity for a very short-term long. Be on your toes at all times. Good luck trading!
Hello Traders, If you followed my previous Bitcoin Chart you saw the two high probability targets get hit. Just as the model is able to provide price targets, it is also able to tell us where it will go after the bull run is over. The main indicator of a move down is the Wolfe Wave highlighted in this chart. Combining this with the proprietary forecasting...
We are currently in a definitive price range. The public seems to be feeling very optimistic about the price of BTC, but I think we are going to top-out and dip back below $1000. potentially $800-$900 medium term.
Bitcoin is heading to 1000$ everybody knows this, thats why this trade is risky. The cloud is my protection; my stop loss Hope you enjoy the upcoming fun.
Hope that this will help decision making. All TAs and FAs welcomed in the comments as always. My previous 5 month old noob EW wave count was aiming for 900 USD region and then changed to 800 USD. CHEERS !
All details at chart. Possibly and not-greedy target for 2nd leg of potential uptrend (first real uptrend in Lisk lol) is area between 55k (one of the highs) and .382 fibo corresponding with my old target of higher high. The big triangle is old story and Lisk did huge fakeout-down just to get back on bull track with that daily bullish monster. Of course Lisk...
OK GUYS, GALS AND PALS. BITCOIN PROBABLY MAY MAKE SOME NEW HIGH BUT VERY LIMITED AS THE RED RESISTANCE LINE IS IN PLAY. BUT ALSO HAS SOME GOOD UPSIDE POTENTIAL. PROBABLY IN A ZONE TO BUY FOR SHORT TEMR HOLD AND SELL IT DEPENDING ON SITUATION PROBABLY LAT OF THIS YEAR OR EALY NEXT YEAR AND GO FOR SHORT SIDE ONCE THEY BREAK THE 1ST GREEN SUPPORT LINE AND SHOWS...
Either Bitcoin is about to soar, or stocks are about to drop, or both.
Buying 435-442 is good! if those prices hold we should head to 500 afterward All buying opportunities will come till 8 May Use them wisely Good Luck
By the end of this year, we should do the whole cycle Elliott Impulse Wave (12345)