Bitcoin – incredible short opportunity!
Hello, everyone!
Today I am going to show you very interesting short trade setup becuase as I said in my previous analysis the dump is not over. Let’s go!
Let’s take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. At $15500 the wave 3 have been ended and after the market showed us the wave 4 which was represented as the zigzag correction. Now Bitcoin is showing us the wave 5. I suppose that wave 1 have been already ended and wave 2 also is about to it’s end. Wave 2 looks like the triangle correction which have reached it’s original target at 0.38 Fibonacci retracement.
I decided to open short trade with the target approximately at $14500 – 1.61 Fibonacci extension level. This is the anticipated target for the local wave 3.
Best regards, Ivan
Today I am going to show you very interesting short trade setup becuase as I said in my previous analysis the dump is not over. Let’s go!
Let’s take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. At $15500 the wave 3 have been ended and after the market showed us the wave 4 which was represented as the zigzag correction. Now Bitcoin is showing us the wave 5. I suppose that wave 1 have been already ended and wave 2 also is about to it’s end. Wave 2 looks like the triangle correction which have reached it’s original target at 0.38 Fibonacci retracement.
I decided to open short trade with the target approximately at $14500 – 1.61 Fibonacci extension level. This is the anticipated target for the local wave 3.
Best regards, Ivan
أغلقت الصفقة: تم الوصول لوقف الخسارة
Decided to close the trade in zero-loss. The another wave formation is about to happen. Will explain later.
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Trade smarter with:
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Trade smarter with:
skyrexio.com
منشورات ذات صلة
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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
منشورات ذات صلة
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.