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Nickonomics
22. Nov. 2017 13:39

Bitcoin (BTCUSD): Ready, Aim, Fire Short

Bitcoin / U.S. dollarBitstamp

Beschreibung

In the previous idea we identified a bearish chart pattern that is called Ending diagonal triangle (Elliott Wave Theory). It required a move above 8270 to be completed, and so we suggested the target of 8440 (nearest fib cluster). The price did make a new high @8354 but couldn't go higher.

Currently, I suggest 8170 as an entry point to go short (conditional order). Main target is below 7500, while stops should be placed above 8440. This makes for a nice 2.4R trade.

Kommentar

The idea has been updated, take notice:

Trade wurde manuell geschlossen

Setting up a new deal.
Kommentare
Ralebr2
It’s down!!
Nickonomics
@Ralebr2, One more push and we're good.
gotgame
It looks Great
Ralebr2
Thank you!!!
mix122
crash veru soon too 6k ??? pray !! for it !!
Skatespeare
thanks!
Trader6127
Very nice
Jamesbond17
Heya, can you please let me understand this ? bitcoin mean to drop now?
thx
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