Following on from our last post, we are now seeing the final bearish wave lower. This wave consists of 5 subwaves. We are currently on the 3rd subwave, which is made up of 5 minor waves. Expecting price to stay below below the dark blue trendline for this subwave.
Once we complete the 5 minor waves for subwave 3, we're expecting a subwave 4 ABC correction. This will be our last chance to short Bitcoin before buying it for the long term.
Trade Idea:
- Watch for price to stay below dark blue trendline
- hold shorts until we break the descending trendline. Once we break = subwave 4 appearing
- Mark out ABC correction for subwave 4
- Short once more for the final subwave 5
Gooduck and as always, trade safe!
Once we complete the 5 minor waves for subwave 3, we're expecting a subwave 4 ABC correction. This will be our last chance to short Bitcoin before buying it for the long term.
Trade Idea:
- Watch for price to stay below dark blue trendline
- hold shorts until we break the descending trendline. Once we break = subwave 4 appearing
- Mark out ABC correction for subwave 4
- Short once more for the final subwave 5
Gooduck and as always, trade safe!
Note
Saveable Post 
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.