hi all, I am back with another new chart. I have been waiting for this dip to come up with this chart and glad it has come today.
New Trade setup:
Buy < 8600 Target > 10800 stop loss < 8088
Please remember to like and leave feedback through the comments.
Best, Budha
Kommentar
⋅
we hit 8800s and back to almost 8400s just to stabilize the weekly retrace candle. There is absolutely no need to panic and having stop set at the mentioned point is enough to tackle this situation
Kommentar
⋅
we hit 9.1k and retracing again one more opportunity to get in under 8600
Kommentar
⋅
we hit9.1k 3rd time post this chart and I am expecting huge from here. Let's see how it plays
Kommentar
⋅
after hitting 9500 we almost made 1000$ positive move.
Kommentar
⋅
made almost 9700 crossing 9650 which is very decent push since yesterdays update
Kommentar
⋅
we hit 9950 and retraced on 30mins
Trade geschlossen: Ziel wurde erreicht
⋅
Hi all, Since we made 9950 I am closing this chart as I may not be available few days to update on the price.
It may blast straight to 11ks or even could retrace a little to more which I am not sure at this point. However I will be back soon with other chart when it is about to breakout and may not further update this chart
@doctorkesh, then another time but there is always a time :)
UnknownUnicorn995432
⋅
@TradingBudha, Of course my friend. Wish you all the best.. You have had some excellent calls over the past few weeks. Keep up the good work!
Following today's crash, and the ongoing issues with some very important cryptoworld figures, i.e. lawsuits, and also because the rally in the stock market is now running out of steam, I think it is time to just trade with the bear trend in mind. BTC may bounce back up to 9200-9400 range at best, but after that, there is a long bear cycle coming...
UnknownUnicorn6209745
⋅
@doctorkesh, Thanks for the positive feedback. In my analysis this dip is driven by Dolphins and whales just accumulated hence there will be rally post weekly red candle but I could be wrong too but I am very optimistic about the coming pump and will wait this week and update my new observations.
RomanLosev
⋅
@doctorkesh, hey budha, i agree with doctor.. current movement will retrace to 9,2, then more down. for a mark like 7.8 ( A - elliot wave )
UnknownUnicorn995432
⋅
@RomanLosev, Thanks.. that will form the wave B I think... after that wave C is likely to push price in the mid 6k range, before a bounce and a small rally, but eventually leading to mid to low 5k ranges later this year. Next bull cycle perhaps next year...
We should still be thankful for the yearly bull/bear cycles. BTC has given us two this year already!
UnknownUnicorn6209745
⋅
@RomanLosev, hey friend I am expecting 11k from here but lets see how it plays. 7.8 is very possible too but I think it may reach 11k with or without 7.8 in my opinion
UnknownUnicorn27491997
⋅
tradingbudha here created new account as I deleted the old one