Updates for Bitcoin: Bearish Channel Rising Wedge Alert!!!
In sca;ing timeframe 30 minutes, we see that Bitcoin has formed a Bearish Channel Rising Wedge, that pattern is continue of the microtrend, in that case is bearish. We continue in bearihs sentiment at this Bitcoin. Logically because there are a buyers hope to buy in this lower level in the exact zone of $9,000 USD. So, what mean this chartist patter?
That mean my frined is a sell off and there are a second opportunity to entry, I alreayd entry in sell at $9,219 USD and I'm in profit, so the moment is the entry in this to sell Bitcoin if you done entry in the higuer zone. So, in the next hours we needed to see a Bitcoin go back to the level of $9,000 USD. So guys, sell Bitcoin, and also, I add another 0.01 lots in Bitcoin to sell because my lots in Bitcoin to sell that I invest was of 0.06 BTC previosuly in sell + 0.01 lots add, So, I have 0.07 lots in sell of Bitcoin
Also, in H4 remember that we are in this bearish BAT with a large longer until the $9,000 USD. And also, as my collegue in my You Tube: The Moon say that as I say you that buyers are hope to buy Bitcoin at this zone as Bears makineg a down the price.
And to see so beautiful, we see in H1 timeframe the elliot wave analysis, we are in the elliot wave # 4 to later in the next hours to find down the elliot wave # 5 at $9,000 USD, if you want to large the target profit you can to do until the $8,950 USD,that is my zone that could reach Bitcoin in that yellow zone on Daily in demand. That strategy are about and absed for supply and demand, that is my strategies what for now I am making success.
That mean my frined is a sell off and there are a second opportunity to entry, I alreayd entry in sell at $9,219 USD and I'm in profit, so the moment is the entry in this to sell Bitcoin if you done entry in the higuer zone. So, in the next hours we needed to see a Bitcoin go back to the level of $9,000 USD. So guys, sell Bitcoin, and also, I add another 0.01 lots in Bitcoin to sell because my lots in Bitcoin to sell that I invest was of 0.06 BTC previosuly in sell + 0.01 lots add, So, I have 0.07 lots in sell of Bitcoin
Also, in H4 remember that we are in this bearish BAT with a large longer until the $9,000 USD. And also, as my collegue in my You Tube: The Moon say that as I say you that buyers are hope to buy Bitcoin at this zone as Bears makineg a down the price.
And to see so beautiful, we see in H1 timeframe the elliot wave analysis, we are in the elliot wave # 4 to later in the next hours to find down the elliot wave # 5 at $9,000 USD, if you want to large the target profit you can to do until the $8,950 USD,that is my zone that could reach Bitcoin in that yellow zone on Daily in demand. That strategy are about and absed for supply and demand, that is my strategies what for now I am making success.
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This operation for now is active, but there are another chartist pattern called Shoulder Head Shoulder inverted, and there, we need to have confirmations if we see that Bitcoin make a rejections for above of $9,200 USD, and if we ahve rejections, the price easily go up to the $9,700 USD, that is a key point to view.
