Fib ret + elliot waves TA

Updated

PS.: play safe, we might see lot of FUD from CNBC and Coindesk, unfortunatelly it does affect some traders and investors and it will affect the outlook of our targets.

Note

We are inside a falling penante as we can see, lets wait for a breakout with volume.

Note

We had a bounce on 9k, but btc still reached our first buy zone for wave A-B. Probably we won't go lower 8.4k, we have a huge support on this zone. Stoploss: 8.2k

Note

We broke our descending channel. The idea of this trade is to put it back into our descending channel (high risk)

Trade closed: target reached

Next stop somewhere btw 7700 - 7900

ViktorChaulet

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