Risk comes from not knowing what you're doing (warren buffett)

Dear traders:

I think it's a Time correction. Time correction is when the price stays stagnant (as you see 44k to 48k, 48k to 45, ...) for an extended period of time.

Personally:

Elliott waves are my main patterns (Elliott wave theory was published back in 1938), Based on Elliot wave theory, I bought BTC at 29k (wave-1) sold at 41k (end of wave-1), bought again at 38k (wave-2). I know what to do!

What next:

A Possible scenario is shown in the chart

1- Bears are gradually exiting the market (Time correction).

2- Formation of new lowest points "but" in a valid bull flag!

3- Fib 0.382 (Support)


Successfully using Bull flag patterns really comes down to patience and due diligence.

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I swap my BTC (20%) to Doge

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I swap my BTC (10%) to Doge

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I swap my BTC (10%) to Doge

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I bought Doge at -3%, Now +5%.

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Doge +8%

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what next?

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Crossover between the 50-day and the 100-day moving averages:

Essentially, a bullish crossover (the 50-day MA moving above the 100-day MA) is called a golden cross and it signals that a new bullish trend is starting.

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Breakout is considered more significant when accompanied by high trading volume.

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I swap my BTC (10%) to Doge

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Target touched!