Bitcoin - What happen in next time with scared in market
Hi guys, Xuanhaimmoer here today for updating action of market focus on Bitcoin in this post!
We are really have successful prediction in yesterday when Bitcoin drop from 8400$ to 7800$
So what happen with us right now ? Surely with you that this time is not good for buying.
We are waiting for the last bullish wave in this time.
As you see in the chart, we have big drop from 10365$ to 6426$ , that is EXTENSION WAVE in weekly chart. And also we have TP1,2,3 as known as Turning point 1,2,3. That similar with correction wave A,B and C in Elliot. Turning point in COMPLEX PULL-BACK WAVE is correction wave called in Price Action.
So very simple that we have the target zone for Wave 3 with TP3 is Fibonacci 0.5 - 0.618 ( 8396 - 8860$ ) for Bitcoin.
I suggest all you can waiting reversal signal from this zone and set Short entry.
In last, I have some small update in numerous time frame in below this post so focus on guys.
Love me more by send me a like for this post !
We are really have successful prediction in yesterday when Bitcoin drop from 8400$ to 7800$
So what happen with us right now ? Surely with you that this time is not good for buying.
We are waiting for the last bullish wave in this time.
As you see in the chart, we have big drop from 10365$ to 6426$ , that is EXTENSION WAVE in weekly chart. And also we have TP1,2,3 as known as Turning point 1,2,3. That similar with correction wave A,B and C in Elliot. Turning point in COMPLEX PULL-BACK WAVE is correction wave called in Price Action.
So very simple that we have the target zone for Wave 3 with TP3 is Fibonacci 0.5 - 0.618 ( 8396 - 8860$ ) for Bitcoin.
I suggest all you can waiting reversal signal from this zone and set Short entry.
In last, I have some small update in numerous time frame in below this post so focus on guys.
Love me more by send me a like for this post !
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15 minutes chart update
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Bitcoin broken down 7922$ so the next target is 7724$
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Bitcoin H1 chart update