BTC, HOW MUCH TIME DO YOU NEED??
Updated
Good day to all!
BTC could not overcome 10,000, and drew the fifth wave of Elliott, everything goes according to the scenario))
Earlier, we published a timeline forecast bitcoin, based on the idea of a golden section as an interval in time. What can I say, worked on with a bang and we decided to once again take your crystal ball and try to look into the future.
On the chart, you see flags, these are fractals that have worked the golden section for the maximums of prices and for the minima, each of them coincides with some change in the state of the market, but it is especially good when there are a lot of them and they are at the same point.
We can observe the picture from May 14-16, many flags coincide and this will be the key point, we do not take the responsibility to say that there will be a turn to the BTC moon, the depth of correction will show, but the chances of bouncing off from 8000 are very large, but who smarts in the head no one knows))
While BTC is above EMA 50, but according to Elliot's classics we will see at least 3 corrective waves, so I do not recommend buying in the long term after the first rollback.
On the chart, support control points and open interest DIVERGENTS are marked. We advise you to look at this simple and efficient indicator, it works very well on divergences
For fans of countertrend trading, BTC will now provide the first rebound and the opportunity to enter the altcoyins, but for a short period, remember, BTC is going down. We'll publish the most interesting violas if there are setups to enter.
We invite you to get acquainted with our magic site and indicators of open interest
All profits!
BTC could not overcome 10,000, and drew the fifth wave of Elliott, everything goes according to the scenario))
Earlier, we published a timeline forecast bitcoin, based on the idea of a golden section as an interval in time. What can I say, worked on with a bang and we decided to once again take your crystal ball and try to look into the future.
On the chart, you see flags, these are fractals that have worked the golden section for the maximums of prices and for the minima, each of them coincides with some change in the state of the market, but it is especially good when there are a lot of them and they are at the same point.
We can observe the picture from May 14-16, many flags coincide and this will be the key point, we do not take the responsibility to say that there will be a turn to the BTC moon, the depth of correction will show, but the chances of bouncing off from 8000 are very large, but who smarts in the head no one knows))
While BTC is above EMA 50, but according to Elliot's classics we will see at least 3 corrective waves, so I do not recommend buying in the long term after the first rollback.
On the chart, support control points and open interest DIVERGENTS are marked. We advise you to look at this simple and efficient indicator, it works very well on divergences
For fans of countertrend trading, BTC will now provide the first rebound and the opportunity to enter the altcoyins, but for a short period, remember, BTC is going down. We'll publish the most interesting violas if there are setups to enter.
We invite you to get acquainted with our magic site and indicators of open interest
All profits!
Note
OPEN INTEREST IN WORK
Note
We successfully go to the second correctional waveNote
Training in trading with the possibility of obtaining a funded accountFriends support our channel
We welcome your feedback and comments!
Liked - sign and put like!
Note
as an indicator predicted the last movementsNote
Notice how the market broke at the points indicated earlier! We drew these points 3 more days ago! We are waiting for a change in the state of the trend in the indicated flags
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.