crikz

Bitcoin - The last dip to the bottom

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crikz تم تحديثه   
BITFINEX:BTCUSD   بتكوين
Hi guys , counting BTCUSD i saw this downtrend coming , its just an idea which looks like will happen based on the momentum lost on the current uptrend.
It's just an idea of how price will behave therefore not recommended to trade or follow my view.
Goodluck!
تم فتح الصفقة:

Bulls locked in the cage!
تعليق:

Bulls took the price higher which created an ending diagonal , the bearish impulse has started , now appears to be a leading diagonal on minute wave 2 which usually is followed by a deep pullback then the bearish trend continues
تعليق:

This is the scenario i have in my mind right now... waiting for further developments to do a proper count.
تعليق:

An aggresive retest of the high has taken place , personally i see it as a good spot to short it , but you decide guys.
Goodluck!
أغلقت الصفقة: تم الوصول لوقف الخسارة:

Looks like it's a B wave , with fibos suggesting to reach the high of 6 March , i wouldnt be suprised to see it reach even higher so i'll close this idea for a while.
تعليق:

The only scenario that comes into my mind is this
تعليق:
We got 1 more minor impulsive wave.

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