BTCUSD: Elliott Waves Intraday Trading
Updated
Hi everyone!
The price continues to form a wedge pattern in wave 1.
At the moment, another local correction has begun, within which I advise you to look for a place to open a long position.
In addition, there is an excellent opportunity to increase the volume of a long position in moment of the price to break through the top of the wedge.
I continue to hold my long positions in other coins (in the list of 9 coins) that have already made excellent profits
And, I will be decide to close all longs after the price of bitcoin hits $25,000.
Scenarios for a set of short positions are not considered yet.
Best Regards,
CEO Tornado Capital
The price continues to form a wedge pattern in wave 1.
At the moment, another local correction has begun, within which I advise you to look for a place to open a long position.
In addition, there is an excellent opportunity to increase the volume of a long position in moment of the price to break through the top of the wedge.
I continue to hold my long positions in other coins (in the list of 9 coins) that have already made excellent profits
And, I will be decide to close all longs after the price of bitcoin hits $25,000.
Scenarios for a set of short positions are not considered yet.
Best Regards,
CEO Tornado Capital
Trade active
The price dynamics successfully began to implement the scenario of local growth, breaking through the top of the wedge pattern. I expect the price to reach at least 24k-25k.
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