Welcome back to another update on BTCUSD. 
BTCUSD
The last weeks were far from boring and we witnessed a -16% drop in the light blue wave 4. $
I urge everyone to read my last analysis, i was completely right about a possible correction in wave 4 and the price moved exactly as predicted!
But now we are in a very difficult situation and the price couldn't establish itself above the previous ATH.
Nevertheless it is still possible that we can reach prices above 21000$ or even higher, so stay tuned!
Primary scenario:
In the next days we will break the previous ATH and will reach prices above 21000$.
At those levels the bullrun could be over and we will start a big wave 2 correction.
Alternative scenario:
There is a possibility that the bull market might me over and we will start a big wave 2 correction.
However this is very unlikely and the next days will be very thrilling.
Everyone who listened to my advice in bitcoin and ethereum made massive profits, stay tuned!
1# Long
Long at: 15804.5$
Profit Targets: 19300$ or more
Stop-Loss: 15804.5$
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
BTCUSDThe last weeks were far from boring and we witnessed a -16% drop in the light blue wave 4. $
I urge everyone to read my last analysis, i was completely right about a possible correction in wave 4 and the price moved exactly as predicted!
But now we are in a very difficult situation and the price couldn't establish itself above the previous ATH.
Nevertheless it is still possible that we can reach prices above 21000$ or even higher, so stay tuned!
Primary scenario:
In the next days we will break the previous ATH and will reach prices above 21000$.
At those levels the bullrun could be over and we will start a big wave 2 correction.
Alternative scenario:
There is a possibility that the bull market might me over and we will start a big wave 2 correction.
However this is very unlikely and the next days will be very thrilling.
Everyone who listened to my advice in bitcoin and ethereum made massive profits, stay tuned!
1# Long
Long at: 15804.5$
Profit Targets: 19300$ or more
Stop-Loss: 15804.5$
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
Trade active
Position is open like described....Note
Closed 25% of my BTCUSD position at a profit of +20.06%Note
Closed another 25% of my BTCUSD position at a profit of +13.25%
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.