I think that we are still consolidating, there is some FUD being spread around by news sites by the uncertainty of the segwit 2 and its effect on upgrades (exchanges shutting down, retailers affected etc.) However most of this is invalid, as most services will only be down for a few days.
Thus, I believe a 3 legged ABC correction will occur before a handle forms for ATH retest. This is an excellent point to establish entry points for BTC if a dip does happen. I have 2 entry points
(1) is the 100 MA on 1hr (usually good support)
(2) is the retest of the old trendline.
I recommend placing buys at both of these points. Assuming everything goes to plan, 3000+ will be reachable. I believe 3700 to be the target price for this larger wave. Place stop losses just below the old trendline around 2400. At 2650 and 2450 entry this gives us _excellent_ RW.
Thus, I believe a 3 legged ABC correction will occur before a handle forms for ATH retest. This is an excellent point to establish entry points for BTC if a dip does happen. I have 2 entry points
(1) is the 100 MA on 1hr (usually good support)
(2) is the retest of the old trendline.
I recommend placing buys at both of these points. Assuming everything goes to plan, 3000+ will be reachable. I believe 3700 to be the target price for this larger wave. Place stop losses just below the old trendline around 2400. At 2650 and 2450 entry this gives us _excellent_ RW.
Dagangan aktif
TArget 1 reachedNota
Note: although I have two entry points here, it doesn't guarantee point 2 (retest of old line) will be reached. It's possible that point 1 may be the lowest for a while.Nota
possible path
Dagangan aktif
Target reach, currently long futs.Let's hope we don't turn bear again, on towards greatness! :)
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.