Hi,
For some obvious reasons, I continue to think we are in a krach, BUT market is always right so here is my alternative scenario considering the breakout of the downtrend line is not a bulltrap. This is a basic Elliot wave counts doing in the rules (waves rules, and fibonacci's retracements), DON'T take care of the timeframe.
In this case 7500/7600$ area could be a strong entry point for long term positions on BTC.
Cheers.
You can see my primary count in the link.
For some obvious reasons, I continue to think we are in a krach, BUT market is always right so here is my alternative scenario considering the breakout of the downtrend line is not a bulltrap. This is a basic Elliot wave counts doing in the rules (waves rules, and fibonacci's retracements), DON'T take care of the timeframe.
In this case 7500/7600$ area could be a strong entry point for long term positions on BTC.
Cheers.
You can see my primary count in the link.
Nota
THIS IS NOT MY primary count but the target is really accurate too. If bulls can show me massive buying volume in the coming 24h, then they might have a chance. But take in not the Wyckoff is my first count. I made this one because i was bored of people calling me "permanent-bear" haha, but market is always right so let see what will happen.Trade chiuso: stop raggiunto
As i expected this count is invalidated.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.