Hellena | BITCOIN (4H): Long to resistance area 64879.
Updated
Dear colleagues, after analyzing bitcoin I came to the conclusion that the price is in an upward impulse, but the correction “2” is not yet completed or almost completed.
I believe that after reaching the area of 56398 the price will again rush in an upward movement with the goal of reaching the area of 64879 in wave “3”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
I believe that after reaching the area of 56398 the price will again rush in an upward movement with the goal of reaching the area of 64879 in wave “3”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Trade active
Perhaps the price will not renew the low of 57540, but the correction is expected in any case.
Either way, the main direction of movement is upward. Therefore, I believe that everything is going according to the plan.
Trade active
Colleagues, it looks like bitcoin has started its steady upward movement towards the target. And I suspect that there will be no more deep corrections. Therefore, I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).
Trade active
The price has almost reached the target and I realize that even if there is a correction, the target is very close anyway. The correction may start after reaching 64879. But it will be described in the new forecast. Trade closed: target reached
Well done!
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