BITTREX:BITBUSD   BitBean / US Dollar (calculated by TradingView)
Looking at BITB, it looks like there have been 5 waves completely since it began trading. After the completion of the 5th wave, it retraced back to near the end of wave 4 which is an indication that my count is correct. From here we have completed the first and, what looks like, the second wave of this new impulse wave. This is in synchronised with most other coins in the market, so I am bullish on this coin which seen over 400% increase since 06/02. Wave 2 retraced 50% of wave 1, also close to the end of wave 4 of lesser degree, which is a healthy correction following Elliott’s principle. The potential here is too good to miss so I will be trading this carefully. I initiated 2/3 of my total trade here @ $0.018 and will add the remainder of my position when we break $0.02. My first target is $0.0234 (46%) but I will be looking to carry this position to the next target of $0.028 (104.38%)
My main concern for this coin, as the BTC price continues to climb, when it is time for BTC’s retracement, it will most likely cause a pull back in this market. I’m hoping these pull backs coincide with my target for this trade. In the next couple days we will be testing the middle channel which will be the first hurdle. If we cannot break this we could be headed lower so I have place my stop at $0.0155 (14.9%)
Confidence Rating: 6/10
Komen: This was a badly timed entry. There was a resistance line I was unaware of which caused the price drop to the trend line at which point I bought in. I exited the trade around $0.0155.

This resistance line is still in play and we could get great buying opportunity. With these markets, it is all about timing.

We have retraced 61.8% of wave (1) and bounced off here to head towards the black resistance line and first orange black line. If we break above these I will be looking to buying in
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Sembang Daftar Keluar