BTC/USD - Sugar We're Going Down to Sub \$1.5K

BITFINEX:BTCUSD   比特币/美元
1065 12
Hello,

I am here to present a scenario - a possible WXY correction on the longer TF for bitcoin             .

I understand how people may find this analysis ridonculous, but I am going to spit it out anyways.

Thoughts:
- W is composed of a 5-3-5 zig zag , marked in black (A); (B); (C).
- Subwave (B) is a 3-3-5- expanded flat, its subwaves are marked in red a; b; c.
- I have marked the subwaves of (C) with i; ii; iii             ; iv; v, in black.

- X is a failed breakout attempt, the subwaves are marked in red a; b; c. It is a 5-3-5 zig zag with a truncated c.
- The double top is a truncated c. The truncated c in Y is a significant bearish signal.
- After the failed breakout, we can expect another corrective wave down - Y.

- The question is:
1. What will Y look like?
2. Where will Y land?

--> In lower TF, I can count 5 waves in (A) of Y. Those 5 waves should make wave i of (A).
--> The next thing to look for is if wave (A) gives i-ii-iii? or i-ii-iii-iv-v?
--> If (A) gives 3 waves, we can expect an expanded flat, or an ABCDE wedge/triangle forming before a break to the upside.
--> If (A) gives 5 waves and lands at previous low ~\$6K, I expect a more bearish zig zag that targets fibonacci cluster at the sub \$1.5K range.
--> If this comes to fruition, we can:
LONG for (B) of (Y) - at ~\$6K
SHORT for (C) of (Y) - at \$8K - \$8.2K

Side note:
This will be my last post on trading view, it has been fun.
There have been 2 inquiries for private analysis, so I may go in that direction. If you are interested, PM me soon.

Cheers!

It will be me answering all your questions in great detail. I will go out of my way and provide additional info/explanations.
I will not only provide my own signals, but also guide you through whatever trade you decide to enter.

I will take less than 7 people. If you are interested, you can PM me.
*Note I am not trying to be your financial advisor. I am simply offering my analysis privately.
*Terms can be discussed individually since I am providing this service to only a few. The price can also be negotiated- I hope those who do PM me view it as an investment instead of a charge.

相关观点

\$1.5K/month lmao

devilninja777
@devilninja777, 1.5k can easily be made in one single trade my friend. but it is obviously not for you.

AlexCH
@AlexCH, Sure, and you can just as easily lose 1.5K... but if you're calming your calls consistently outperforms everyone else then no one should take you seriously

Holy cow!

If it goes down to 100 dollars, I'll wait for it to go to 50 dollars.

garyuws
Im gonna wait for \$20 and biy 3
Lmao

Before you go - could you share some online/offline resources you've used to learn?
Thanks - nice calls

DrDan
@DrDan, yes, - beyond candle sticks 1&2 ; - elliot wave principles by constance brown- technical analysis for trading professionals by constance brown; pivot point trading; fibonacci trading.

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