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Elijah_Trading

Expecting more pullback in BTC

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Bitcoin (BITMEX:XBTUSD.P)  
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BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Wave Analysis Chart Patterns XBTUSD BTCUSD btcusdlong xbtlong btclong BTC Bitcoin (Cryptocurrency)
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I wouldn't be surprised to see Bitcoin continue to pullback, especially with how aggressive the most recent sell off is. We'll see how price responds if it makes a new high, but I wouldn't expect a full reversal just yet if we get one. Price is hinting at creating new relatively short term (M15 + H1) highs. But also be prepared for further intraday pullbacks. We'll see what tomorrow brings us, but based on a WXY wave count as well as strong responses in PA, higher prices in the short term seem very likely to happen.
Komen:
Critical level here for BTC. If it fails to hold, i may flip bias and look for shorts
Komen:
snapshot
looking for longs
Komen:
IF IN LONGS, START TO GET NERVOUS. PRICE MAY REVERSE HERE

Idea Berkaitan

Elijah_Trading
Flipping Bearish Short-Term Bias on BTC
Elijah_Trading
Anticipate Major Bitcoin Selloff
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