Simple idea chart analysis for BTC

8 Apr

Uptrend Elliot Wave finished two times. ABC finished and minor uptrend was made. ABC again to finish chart patttern.

• Minor uptrend haves already 4 points E.W. . The fifth point is at 300% of it's own fibonacci.
  
• I used the fibonacci inside gap of first peak and fourth peak, jumping midle wave for better structure.
  

I sugest to not buy until further comfirmation.
On another note: big whales are buying now, so selling would be a good risk.

9 Apr

Trade aktif

9 Apr

Catatan

E.W. 300% is below 67.5k. TP should be on that area for now.

9 Apr

Catatan

9 Apr

Trading ditutup secara manual

E.W. in 1H timeframe finished. There's no need to risk it and keep going sell. It's better to close and take profit.