BTC - Possible reversal - early indications look impulsive

13 Mac 2020

Here's my initial look off yesterday's low. I'm looking for this 5 wave pattern to play out in somewhat as shown on the chart. However, the low must remain intact. Let's see how it plays out over the coming hours / days.

13 Mac 2020

Nota

Need to be moving higher soon, been here too long, thus, we could go lower!! Just a thought, but a reversal is usually always an impulsive move to the upside, and this is starting to have lost its momentum, just a thought, and something to be aware of.

uk.tradingview.com/chart/qOCImni8/

13 Mac 2020

Nota

Another updated chart, shows the lines at both the 50% & 61.8% with red arrows, this is the area we need to be pushing up through.

uk.tradingview.com/chart/qOCImni8/

13 Mac 2020

Nota

Too choppy, no position here, as price is likely to move lower.

13 Mac 2020

Dagangan aktif

Just opened long on BTC at 5132, target $7000+

13 Mac 2020

Nota

Will update chart once wave iii is complete

16 Mac 2020

Nota

btc looks very weak right now, no open position, this could slice lower once the sp cash market opens

16 Mac 2020

Nota

BTC now heading much lower, should take out the previous low. I'm looking to perhaps take a long trade off the 3200 zone, i'd expect to se some sort of bounce of that area, but i'll first see how the price action unfolds, as it could go a lot lower. I plan to have a buy order set around the 1250/1000 as well, you never know if they head right to a near bottom.

16 Mac 2020

Nota

I'm currently flat with no position here.