sanhnguyennt

sanhnguyennt Updated 

BTC price has just broken out of the symmetrical triangle on the down side, which happens to be the 100 day moving average too. Short entry: 9600 Stop loss : 10500 Target profit 1: 8000 (at which level the 200 days moving average and 100 weeks moving average are expected to be when the price reach there) Target profit 2: 5500 (the 200 weeks moving average. Also,...

sanhnguyennt

Bitcoin's price is approaching major trend line. Expected targets are at 2400 and 1800.A stop loss around 4200 - 4400 will suffice.

sanhnguyennt Updated 

Nothing that needs explaining. 3k is the target of the triangle (height of consolidation phase), which happens to sync with major supports (June 2017 peak and September 2017 China crash's bottom) Short entry at 3950 with stop loss at 4150. Risk/reward is around 1:4.7

sanhnguyennt Updated 

The symmetrical triangle since September this year has been broken to the down side with notable volume. All of the 20, 50, 100 and 200 day moving averages are above the closing price on breakout day. Enter on the short side at $6200 with stop loss at the $6500 to $6600 range. _ First target is around $5400 - $5700, which is the breakout price minus the height of...

sanhnguyennt

Elliot waves: _ bull run wave1 - to 3k (June 2017), wave2 - down to 1k8 (July 2017), wave3 - up to 5k (August 2017), wave4 - down to 3k (September 2017), wave5 - up to 19k5 (December 2017) _ correction waveA - down to 6k, waveB - up to 12k, waveC - down to 6k (end of correction) Notice that during the bull run (wave 1 - 5), up waves lasted ~ 1.5 - 2.5 months,...