Is It The END of CORRECTION for Bitcoin?
Hey everyone!
It looks like
BTCUSD
might start movement to up to 900 soon! Take a look at Elliott waves, they are perfectly matched with Fibonacci levels. We touched 0.786 Fibo (7283USD). And now we need to keep an eye on how the candle closes, it might be the doji, which means the trend will change.
If it's actually doji by the end of the day, then we have following targets.
Target 1: 7838 USD (0.618 Fibo)
Target 2: 8224 USD (0.5 Fibo)
Target 3: 10000 USD which is a huge resistance zone for BTC.
Although, EMA analysis looks bad even on 1H chart, still going down.
Don't take risks, wait for the confirmation of trend.
And leave a like if you found it helpful.
Thank you!
It looks like
BTCUSD
might start movement to up to 900 soon! Take a look at Elliott waves, they are perfectly matched with Fibonacci levels. We touched 0.786 Fibo (7283USD). And now we need to keep an eye on how the candle closes, it might be the doji, which means the trend will change. If it's actually doji by the end of the day, then we have following targets.
Target 1: 7838 USD (0.618 Fibo)
Target 2: 8224 USD (0.5 Fibo)
Target 3: 10000 USD which is a huge resistance zone for BTC.
Although, EMA analysis looks bad even on 1H chart, still going down.
Don't take risks, wait for the confirmation of trend.
And leave a like if you found it helpful.
Thank you!
Komen:
Btw it's better to close shorts if you have any!
Komen:
Hey everyone!
Quick update on BTCUSD is here. It looks like we are going to see BTCUSD 7200-7000 USD one more time before we starts uptrend. Someone wants to buy it low!
www.tradingview.com/chart/aFVba7b8/
Quick update on BTCUSD is here. It looks like we are going to see BTCUSD 7200-7000 USD one more time before we starts uptrend. Someone wants to buy it low!
www.tradingview.com/chart/aFVba7b8/
Komen:
