HyperionAllied

BTC/USD Small cool-off before a test of 10k

BITFINEX:BTCUSD   Bitcoin / Dollar
Hi guys, updating my own analysis on BTC             and decided to share. If all goes well and my wave count is correct we are having a small cool off as wave 2 before we commence wave 3 which should test 10k in the near future. Now this is a very short term analysis so is subject to change very quickly but at the time of writing we are at the 0.382 fib retracement of the initial wave 1 up. This is quite a light retrace which is why we are likely to go down a little more to the 0.5 or 0.618 fib at around 7-7.2k before we hopefully go up again. Now my my target for wave 3 is a little more than a 1 to 1 extension above the 10k resistance (Fib extension is on the left, Fib retracement right).

In terms of indicators RSI is still looking good forming higher lows the MACD is turning slightly bearish but that can change with wave 3 up so fingers crossed.

*This is not financial advice*
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden