What I think about bitcoin
Updated
Hi traders
Bitcoin has pumped last days and shown power but does it mean that we should buy ?
I SAY NO
FOMO is extremely dangerous
I think 56400 $ is a very important price for us .
it's 71.8 % fib an also we have a trend resistance as you can see
also we have sort of historical R/S
Ichimoku time theory also says that 8/9 oct might be a day of change
and what does elliot's wave theory say ?
after reaching 64k we had a 5 wave falling that means the correction is not over
after that we should have a 3 waves as wave b , now It's completing .
Short : 56400
SL : 59800
TP1 : 50500
TP2: 45k
other TPs : 40k 38k 33k 30k 27k
please DO NOT DECIDE on news and imaginary targets . decide on your analysis .
support me with your likes and say your opinion in comment
Bitcoin has pumped last days and shown power but does it mean that we should buy ?
I SAY NO
FOMO is extremely dangerous
I think 56400 $ is a very important price for us .
it's 71.8 % fib an also we have a trend resistance as you can see
also we have sort of historical R/S
Ichimoku time theory also says that 8/9 oct might be a day of change
and what does elliot's wave theory say ?
after reaching 64k we had a 5 wave falling that means the correction is not over
after that we should have a 3 waves as wave b , now It's completing .
Short : 56400
SL : 59800
TP1 : 50500
TP2: 45k
other TPs : 40k 38k 33k 30k 27k
please DO NOT DECIDE on news and imaginary targets . decide on your analysis .
support me with your likes and say your opinion in comment
Note
market cap analysis :
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