BTC ~ Upwards 5 Wave ~ Fibonacci Circle fürBITSTAMP:BTCUSD von MichielVan_Kets

what you see there are two 5 waves
the first one went down, and now we're going up again

all the confirmations are in that there was a 5 wave down and that it has bottomed, so we're now in the next 5 wave ... upwards

obviously we're in leg 1 of the new upwards 5 wave

so, the next question now is ... when will leg 1 peak and leg 2 start?

we might be there, right now ... or not ... to find those exact turning points is always a guess

but ... we do know that there will be a 2nd leg, which means a bit of a drop, and that after that there will be leg 3; the longest upwards wave of the 5 wave ...

of all the different trading tactics there are; the easiest and the safest one is to wait for leg 3 and try to jump on it fast enough

which is kinda easy, because most traders know this, so when leg 3 start, it will be obvious

it will at some point shoot up so hard, it will create enough FOMO to push the prices up, up and up for weeks, possibly months

so ... if you're looking for a safe bet; wait for leg 3 to start

Kommentar:

leg 3 is between (2) AND (3)

Kommentar:

zoom in;