someone514

BTC/USD - Should 8K Not Hold, Target $7300 Short Term

someone514 تم تحديثه   
BITFINEX:BTCUSD   بتكوين
I have decided to post this as a separate idea to keep track of the candle formations in the future.

- This is a 15 min chart.
- In my opinion, we are ready for wave 5 down
- Fib target is $7300

How are you guys/girls counting this if using EWP?
What do you guys/girls think if we don't apply EWP?
Where do you guys/girls think we are in the bigger picture?

Are you guys/girls bullish or bearish for the days to come??

Share your thoughts :)

**Repost with indicators removed
تعليق:
If btc close above $8600 I will remove all short positions and stay cash until the market shows me a clear direction.
تم فتح الصفقة:
If we reach $7.3K I will add more capital to my long term portfolio - via coinbase.

This will be the buy and forget portion of my portfolio and I will not care if it drops to 5K. I will simply buy more at that time.

*Again, I am not talking about my day trading positions. This buy will be for long term.
تعليق:

4 & 6 hr chart closed with bullish dogi.
we can potentially long considering 8k resistance of short was met. we can now long with the trend with a tight sl should the 8k resistance cannot be broken.
أغلقت الصفقة: تم الوصول للهدف:
8K did not hold. Post came to fruition.
تعليق:
Will update future thoughts on btc as a separate post.
At $7300, I am market neutral.

I am not bearish. Nor am I bullish. I will sit on cash and wait for trend confirmation.
تعليق:
Should 7K not hold I don't see support until .786 ret @ $5K
تعليق:

Next few hours is very important.
This is a 30 mins chart and we have an inverted hammer forming.

Stay on the sideline and wait for confirmations. Or else you're gambling on luck, which is an awful strategy.
تعليق:

Closed red
تعليق:

Closed with another red.
leaning towards 5K now. Still want clearer confirmation before I enter any positions.
تم فتح الصفقة:
Please refer to this post

تعليق:

I am still not trading until I see a clear trend.
تعليق:

shooting star forming as we approach EMA50 on 30 minute chart.
I see no reason to rush in the market. Still waiting for a clear confirmation.

I am not trading today (yet).
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.