tntsunrise
Long

BTCUSD Potential AB=CD Pattern.

BITSTAMP:BTCUSD   Bitcoin / Dollar
7721 33 152
Jack Wish you a happy new year and
fruitful 2018

I am very happy to say that in this past one year
I have shared many ideas and hopefully they brought you
more trading logic and trading concepts.
and I am going to continue to do this in the next coming 2018.

my last idea of BTCUSD             is not to chase the high
and now the price drop dramatically and I think I
have made a very good alert to all the investors.

Now in daily chart I finally saw a good pattern for buying
which is this AB=CD move.
D point is at 8029 and the 1.272-1.414 ext is also in the same zone.
So let's wait for price to come into this zone and check for price action by then and ready to buy some Bitcoin             .

Every trading action should comes with a detailed trading plan, otherwise you are simply gambling or trying your luck.
Remember: Always use a small risk amount in exchange of
at least a 2 to 1 or 3 to 1 reward/risk ratio. and that is the key to success. Don't focus too much on winning ratio
because no trade is guaranteed to be 100% safe.
Good luck to all of you guys
May All the traders in tradingview can enhance their lifes
through professional trading.

Best Regards

Yours sincerely : Jack Zhang
Dec 31st, 2017
Kommentar:
snapshot
Kommentar: we can see the small ab= cd form's BIG C point.
Kommentar:
snapshot
Kommentar: it follows the AB=CD well
Kommentar:
snapshot
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So @tntsunrise you think, it will up and the correction is finished ?
+1 Antworten
TomPower Pulsar19
@Pulsar19, close enough for government work looks like the patterns finished
Antworten
@Pulsar19, no. not over. death bounce cat.
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Pulsar19 m4riovolp3
@m4riovolp3, I think you are right... I will be go out, it is risky
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holding since 18240$ short: and the good news is, there is no stopping until 7200$
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So we need to wait 9k-8k before to buy ?
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TomPower Pulsar19
@Pulsar19, looks like it but wouldn't be surprised if it turns around here and leaves us all at the station. still trying to get the darn account setup here, maybe too late!!!
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Pulsar19 TomPower
@TomPower, yes it's risky but it will be hard :x
+1 Antworten
@Pulsar19, no. Then Crypto is a "pump & dump" effect. Bitcoin Whales = 1000 people own 40% of the market. Now, it's up to you to decide what's logical or not... by the way: my opinion on the BTCUSD
+1 Antworten
Pulsar19 m4riovolp3
@m4riovolp3, Mmmh so you think it will be hard for btc to reach 20K ?
It is why I think ETH will be first in marketcap 2019
Antworten
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