Positively and patiently gathering clues to solve crypto and life mysteries πππππ€ 18 months in crypto-1st Bear Market-Still learning-Thoughts,not advices-DYOR
Watching #BTC, I believe we're still developing a decsent wave 3 that could take time to pierce through the thick red resistance box. If #bitcoinprice reaches the the lower part of the green support box though, then it's wave 4 already, would be pretty weak and #disapointing
#bitcoin what i'm looking for with $btc i'm expecting an ending diagonal to finish this big figure (and the smaller ones) once and for all and get us a nice #btc rebound. #Crypto has tested our patience as of late! Stick to your plan! Interesting week ahead!
3/ And i got just this feeling man.. But that is never what you should trade based on!! So i bench myself and wait until #BTC indicates clearer readable signs.
1/ Tough to read waves at the moment on #bitcoin. Some guys believe a rebound has began. I tend to disagree until proven otherwise by the market. No clear fibo targets were reached, either on the retracement or the extension in any direction.
2/ It also seems like a corrective contraction triangle seem to be forming which would indicate more downside could be in store for $BTC in the coming days.
$BTC #waves are, so far, going according to trading plan! My entry points are in dotted pink. Lately, #bitcoin has acted on a tendency to extend as much as it damn can (stressy AF)! Wouldn't be surprised to go to down south target! Popcorn time! Watch the market unfold :-)
$BTC cruised, and i mean, cruiiiised through the first downward target! Haven't switched to buying mode yet though. Will sleep on a night that what should print a (small) rebound and set my orders in the morning! Happy shorts y'all :-) #bitcoin#altcoins#fomofighter#patience
$BTC what i'm gonna be watching. The blue C wave should deploy in 5 impulsives or form an ending diagonal. Targets are in pink. Targets of the red B are in green. Invalidation above 4177 or below 3231. Mainly becoming a buyer on 100 % fib ext. (3455) and below $xbt
Other indics to back that up: bearish cross on the 4h MACD, daily decreasing volume, RSI seemingly printing a LL on the 1H for 1st time since 3rd january, all time high downtrend rejection yesterday..
@FEEDmeSATOSHI Hey man, never said thanks for the $crpt chart. Here it is: thanks, very honnest and reactive way of analyzing, love using comparison for my trades set-ups. Wanted to ask you, d'you ever use waves? Especially for BTC, which leads the current and can easily f-up a nice alt setup?
#Bitcoin hit precisely my third target of 4130 and bounced down. Shall we please go down? Will sleep on it and calculate the downward targets of the C in the morning. #BTC#waves#patience#retracement#fomofighter
#BTC should move down to around 3780 before getting one more leg up to either around 3910, 3990 or even 4100. Not trading this move for it should mark the end of the very short-term upward move before #bitcoin drops to my buying zone again (3500 and below)
Here is the chart for #Bitcoin. Bear in mind that wave 4 is speculated and, consequently, so is wave 5. Will become buyer only once #BTC has printed the black C wave, which will be at least days, if not weeks.
Alrighty #bitcoin, need more time to read a proper start of C wave printing. Assuming 4080 was the top of the (complex) B wave, most common C wave target is 100% fib extension = 3414$.. that'd be my entry price to play a bigger rebound for #btc#trade#waitandsee
#Bitcoin update, we're (almost) here, this figure is or is about to be done: 4080 (so far)... Wait and see.. Also just realised people are not patient AT ALL! Come on, it's not a minute market.
#BTC is now in my buying territory as expected. We now need to find the lower point of this wave B (not 2, need to adjust this chart) to calculate targets for what I expect to be a nice push up AND a huuuge Bull trap! Be safe!
#BTC After a big extension on the impulsive, we hopefully in search of this #Bitcoin wave 2 (or B) retracement. It would make sens that it corrects at least to the 50 % Fib @ around 3650. I hope you made some nice trades those last two days. Some big #altcoins went bananas!