Following on from our last analysis where we identified that Bitcoin was in a 335 flat correction, we finally have the top in place.
We are now expecting 5 waves down to complete wave C of the major flat correction.
We've already completed wave 1 and now in wave 2. We're expecting price to move back up near the highs where we'll be looking for price to stay below ATH and make a major move down.
The risk to reward of this trade is unparalleled and an entry at the top will allow us to hold with very little drawdown, if any.
Trade Idea:
- Watch for price to move back towards the highs
- Expecting price to stay below ATH = stops above ATH
- Enter shorts when we see reversal signs such as trendline breaks, BOS etc
- Targets: 40k, 30k, 20k, 15kk
Goodluck and as always, trade safe!
We are now expecting 5 waves down to complete wave C of the major flat correction.
We've already completed wave 1 and now in wave 2. We're expecting price to move back up near the highs where we'll be looking for price to stay below ATH and make a major move down.
The risk to reward of this trade is unparalleled and an entry at the top will allow us to hold with very little drawdown, if any.
Trade Idea:
- Watch for price to move back towards the highs
- Expecting price to stay below ATH = stops above ATH
- Enter shorts when we see reversal signs such as trendline breaks, BOS etc
- Targets: 40k, 30k, 20k, 15kk
Goodluck and as always, trade safe!
Want more breakdowns like this? Links below:
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Want more breakdowns like this? Links below:
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.