Bitcoin Projections: A Point of Apex - How I'm Playing it
Hey Traders
Missed my 7800 - 7900 by about 100$ ideally would have made me happier had we come down and seen a bigger jump, and its possilbe it may still play out with the elliot wave count in the 5th primary wave we are in, however, there are several other possibilites worth looking at playing out as well.
To sum those up, we're at a point of APEX (critical point) that should force us to make a decision of breakout or rejection. Looking more towards a breakout my green boxes are my targest and entries (lower boxes being entries) higher one being targets. I prefer not to play breakouts but when I dont catch the bottom sometimes thats the only other option in order to get in. I prefer to wait for support after a breakout, but depending on the volume in it i have missed out on potential gains because of it. Better to always have a set of rules and stick to it then to not. Remember that.
As always, this is not financial advice, just my opinion and how i"m planning on playing this apex point and what I can expect from bitcoin. If we break up on th wedg then we should be safe not to see lower lows until we rebound up to 9k in my personal opinion and charting.
Please follow and like if you enjoy these charts. I have several other platforms you can follow me on under the crypto blend or crypto hippo on youtube. I cant post links in here so check them out. Best place to follow EVERYTHING crypto is my discord channel where I use a group of professionals to bring EVERYTHING crypto to one central location. Fastest growing crypto group in discord. Definitely check that out.
Missed my 7800 - 7900 by about 100$ ideally would have made me happier had we come down and seen a bigger jump, and its possilbe it may still play out with the elliot wave count in the 5th primary wave we are in, however, there are several other possibilites worth looking at playing out as well.
To sum those up, we're at a point of APEX (critical point) that should force us to make a decision of breakout or rejection. Looking more towards a breakout my green boxes are my targest and entries (lower boxes being entries) higher one being targets. I prefer not to play breakouts but when I dont catch the bottom sometimes thats the only other option in order to get in. I prefer to wait for support after a breakout, but depending on the volume in it i have missed out on potential gains because of it. Better to always have a set of rules and stick to it then to not. Remember that.
As always, this is not financial advice, just my opinion and how i"m planning on playing this apex point and what I can expect from bitcoin. If we break up on th wedg then we should be safe not to see lower lows until we rebound up to 9k in my personal opinion and charting.
Please follow and like if you enjoy these charts. I have several other platforms you can follow me on under the crypto blend or crypto hippo on youtube. I cant post links in here so check them out. Best place to follow EVERYTHING crypto is my discord channel where I use a group of professionals to bring EVERYTHING crypto to one central location. Fastest growing crypto group in discord. Definitely check that out.
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