I don't trade bitcoin but I imagine this is a commodity that is technical in nature. Bitcoin should see a retracement into wave 4.
Breakout on 4h timeframe , send it.
Canopy is retracing downward to find support. This is too textbook not to hypothesize about. I just had to do it, too many things are aligned. 1. We can see the market structure (and respect) in the demand zone. (i.e. arrows) Support & Resistance. 2. There is also alignment with 1.0 and 1.618 Fibonacci extensions. 3. This is all respected with a bullish and...
This is pretty much identical to my idea for Bitcoin which worked out almost perfectly (the wick went a little higher than expected This idea would probably only be invalidated with a WEEKLY close above the trendline or final Fib extension.
Cadilahc has bullish wolfewave on hourly timeframe,target on chart...
It seems far too early to keep pushing up, especially as this very long term trend and Fib level idea has held up very well. I think we need to retest and confirm the lower trendline as support before going up more. This makes sense as to why altcoins are still moving up. If this was a legitimate resumption upward, money should be flowing in to BTC instead. There...
RAISE STOPS TO 3812 ON EVERYTHING
I am st a 75 % net long from last weeks post .AND HAVE REMAINED NET LONG Long call in CAT DE SPY AND NOW IYT DOW TRANS ONLY AS WELL AS NET LONG US$ still from 89.50 to 89.75 as Well has net long inTLT 158.50 and added at 151.50 I also caught the low in BITCOIN AT 29500 i HAVE SOLD THAT OUT AT 36000. I will post details weekly wave count this weekend in all...
IGL has bullish wolfewave on hourly timeframe. Target on chart...
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Bel has bullish wolfe wave along with bullish shark on 15 mins TF.Target on chart
The US futures join the morning rally from Europe with the Dow Jones bouncing back from a larger correction (WXY). We are looking at an ABC wave up that could turn into a 5 wave if momentum stays strong. I favour this because the larger degree trend is still bullish.
Hello Friends, GBPUSD is about to complete its correction. price: 1.3670 sl: 1.3648 tp: 1.3607
Hello friends, usdcad bearish idea on 30 min time frame PRICE: 1.2720 SL: 1.2745 TP: 1.2679
Hello friend, USDJPY long idea to complete its wave structure on 30 min timeframe. PRICE: 103.75 SL: 103.65 TP: 104.00