Bitcoin 4h Chart Analysis
Dear Traders
You might have followed our previous Sell Signal on bitcoin, in which all 4 TPs were hit in 6 days. Here we take a look at the current situation in a 4 hour chart.
Based on the Eliot waves theory I have distinguished 3 possible zones for the end of the correction phase, 2 of which are already lost. Therefore, I believe we are going to visit 28k! If you are opening a futures position based on this, be extremely meticulous about your stop-loss. I myself am waiting for a huge long position at around 28k!
Good luck everyone
You might have followed our previous Sell Signal on bitcoin, in which all 4 TPs were hit in 6 days. Here we take a look at the current situation in a 4 hour chart.
Based on the Eliot waves theory I have distinguished 3 possible zones for the end of the correction phase, 2 of which are already lost. Therefore, I believe we are going to visit 28k! If you are opening a futures position based on this, be extremely meticulous about your stop-loss. I myself am waiting for a huge long position at around 28k!
Good luck everyone
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