Firstly we have to know something that the master of this market who jump while bullish and leave before bearish so don't search for the bottom to enter ,,, okay let me explain you market situation now
Bitcoin his bullish wave now the same as April/2018 and the alt coins as ONT & EOS pumped at the first of the journey as April ,we stay above EMA 10 as April too
Market-cap: We need to close 1D candle also above 129B to reach 175B
So what should we do now ?
We have to wait to be in safe 100% until we close 1D candle atleast above 3970$ & RSI , after it our jouney will be ended at 5200$ so you should know your target from now
BTC now move with 1 month bearish then 1 month bullish so dont worry we'll gain our profits so easily but in safe ;)
Dont forget to Like & Follow
Good luck
Bitcoin his bullish wave now the same as April/2018 and the alt coins as ONT & EOS pumped at the first of the journey as April ,we stay above EMA 10 as April too
Market-cap: We need to close 1D candle also above 129B to reach 175B
So what should we do now ?
We have to wait to be in safe 100% until we close 1D candle atleast above 3970$ & RSI , after it our jouney will be ended at 5200$ so you should know your target from now
BTC now move with 1 month bearish then 1 month bullish so dont worry we'll gain our profits so easily but in safe ;)
Dont forget to Like & Follow
Good luck
Note
We can see a correction to 3650$ keep ur eyes on itNote
Stop-loss: Closing 4H candle under EMA 10 not on daily chart ( 4H time frame )Note
We closed 4H candle under the support 3970$ just left 1 condition to re-test 3650$ again which is breaking EMA 10 and the up-trend but in case we broke EMA 10 i think we'll break the up-trend and test 3650$ zone againthe real bullish wave confirms when we break the trend of 4250$ with 1D candle to reach 5200$
Note
After we dropped because of 4H candle under 3970$ and H&S now we have 3 supports ( 3765$ - 3650$ - 3541$ ) The main bounce that we're waiting for it is from 3650$ but in case we break this support i think we'll cancel 5200$ bullish wave but we have very strong support 3541$ if we bounce from it so fast and close above 3650$ we'll continue our bullish wave to 5200$
Note
We should close the daily candle above the broken trend & EMA 10 * Blue * or we'll drop again but to next support 3650$ ( EMA 50 * Yellow * ) What do you think ?
I have i good idea ,,, Keep ur eyes on 24H changes of alt coins on binance with profits % if u see moves and bullish on alt coins you dont have to wait for Bitcoin to buy and jump on alt coins
Note
Buy-zone: 3650 - 3680Short-term targets: 3760 - 3900
STOP-LOSS: Close 4H candle under 3650$
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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.