Bitcoin
Short

BITCOIN Elliot Waves Bull Cycle

Updated
BTCUSD in big Elliot Wave channel, I expect Continuation of the Fall to support line (we in wave 3-4).

On chart you can see Blue Triangle Patterns, they are indicators of further movement. In case if Triangle Break Down - look at buy areas below and use money management:

First Buy area:
  • 10500-11500 (buy 40% of free USD)

Second Buy area:
  • 8200-9400 (buy 100% of free USD)


When to sell Bitcoins?
My selling strategy using money management:

Sell targets:
  • 20000 (sell 10% of free BTC)
  • 24800 (sell 20% of free BTC)
  • 31400 (sell 30% of free BTC)
  • 38500 (sell 50% of free BTC)
  • 50000 (sell 100% of free BTC)

Trade active
Trade active
Breakout From Triangle!
snapshot
Trade active
DONE: First Buy area:
10500-11500 (buy 40% of free USD)
ACTIVE: Second Buy area:
8200-9400 (buy 100% of free USD)
Note
Notice: Daily candlestick closed above support level
Trade active
snapshot
Trade active
Moving to Second Buy area:
8200-9400 (buy 100% of free USD)
Trade active
Entering: Second Buy area:
8200-9400 (buy 100% of free USD)
Note
WOW CandleStick Pattern
snapshot
Note
Hammer Candlestick, usually confirming price reversal:
snapshot
Trade active
snapshot
Note
I posted This in Telegram group 5 hours ago, make sure you're subscribed to us and pinned group to top:
snapshot
Trade active
Bitcoin trading above support level
Trade active
hanging on the support...
Bitcoin (Cryptocurrency)bitcoinscenariosCryptocurrencyelliotwaveanalysisTechnical IndicatorsLONGshortstrategyTrend AnalysisWave Analysis

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