BTC Confirmation Breakout
On my last analysis is looks so perfect for the breakout, the target already far away from 1.618 Fib, that's mean elliot wave phase 1 still open. now the bearish divergence already show up. probably it the end of phase 1 and would go to the phase 2. As we know that phase 2/B on elliot wave would going to 61.8% - 78.6%.
So if you like to scalping playing on short u can short from this level.
put SL on 27.080 cause that level is resistance from daily level. if already broke 26.800 it's means phase 1 on elliot wave still hasn't finish.
if you want to buy, wait the confirmation on 25.584 - 25.286 with SL 24.800
remember to put SL on profit when the trade already profit and put target disc 10% from the exact target price.
and remember now in the pre bull trend it will be more shake out to liquidate all the trader so be careful and on weekend the volatility not to good and weekly chart people want to make btc above 26.5K to stay it in the bulls trend.
So if you like to scalping playing on short u can short from this level.
put SL on 27.080 cause that level is resistance from daily level. if already broke 26.800 it's means phase 1 on elliot wave still hasn't finish.
if you want to buy, wait the confirmation on 25.584 - 25.286 with SL 24.800
remember to put SL on profit when the trade already profit and put target disc 10% from the exact target price.
and remember now in the pre bull trend it will be more shake out to liquidate all the trader so be careful and on weekend the volatility not to good and weekly chart people want to make btc above 26.5K to stay it in the bulls trend.
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