Bitcoin: Time to prepare for big Rally(55-80%)
Updated
Hello guys the last move saw us having over 20% move on BTC which previously concluded with huge dump which some people see as end of rally, hmmm the rally is just cooking up as the move represent sub wave 1 out of 5 big moves we has on corrective wave Y of the big drop from 10,000$.
We should expect another form of big rally after the break of price from the ASCENDING TRIANGLE. If you can also recall we breakthrough the Bullish flag and presently now price is aiming for re-test on the top trendline of the flag.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
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Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
We should expect another form of big rally after the break of price from the ASCENDING TRIANGLE. If you can also recall we breakthrough the Bullish flag and presently now price is aiming for re-test on the top trendline of the flag.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
Do know that I appreciate you taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates.
Thank you
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade active
2hours chart to show clearer view on the expected wave movement.Trade active
Our short wave count still continue for the leg of wave b correction up before we drop for wave c down.Trade active
Hey guys spotted potential Bearish flag formation, this formation may prevent us from reaching our previous target around 39xx.let keep an eyes on this setup.
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Taking after the flagTrade active
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I remember a post that compare the event of 2014/2015 to the present market movement. do have a look guys petty on point.
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Nice breakout
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