Hey everyone, I hope this finds you in great health, and a prosperous enough time to take an amazing trade. without further delay, let's get into it.
Elliottwave analysis:
So the elliottwave analysis is as follows. We have just finished a larger wave one to the upside, followed by the triple three correction to the downside for the wave 2. This means that we will be seeing the 3rd wave up of the great trend. I suspect this move upwards to hit atleast, the 1.618 extension of the wave one. but I would not be suprised if we end up hitting the 2 extension, or eventually the 2.618. My stoploss for this trade is anywhere below the 9.00$ mark.
Rsi analysis: On the smaller time frames, such as the 1 and 2 hour, we can see that we are in bullish territory, but aren't making any crazy moves to the upside just yet. On the 6 hour time frame, we can see the Rsi is starting to get higher lows, along with the macd below it, and on the 8 hour, we can really see ourselves peaking higher.
Macd: analysis: The macd is also telling us that we are headed up. The double cross on the negative side, moving towards the positive side, shows me that there is a serious move coming, one with a large amount of bullish momentum building. On the 4 hour we can also see a longer term macd bullish divergence.
All in all, this is a huge trade, and I hope you can get in on it. I wish you all the best in this trading week to come, and best of luck!
Elliottwave analysis:
So the elliottwave analysis is as follows. We have just finished a larger wave one to the upside, followed by the triple three correction to the downside for the wave 2. This means that we will be seeing the 3rd wave up of the great trend. I suspect this move upwards to hit atleast, the 1.618 extension of the wave one. but I would not be suprised if we end up hitting the 2 extension, or eventually the 2.618. My stoploss for this trade is anywhere below the 9.00$ mark.
Rsi analysis: On the smaller time frames, such as the 1 and 2 hour, we can see that we are in bullish territory, but aren't making any crazy moves to the upside just yet. On the 6 hour time frame, we can see the Rsi is starting to get higher lows, along with the macd below it, and on the 8 hour, we can really see ourselves peaking higher.
Macd: analysis: The macd is also telling us that we are headed up. The double cross on the negative side, moving towards the positive side, shows me that there is a serious move coming, one with a large amount of bullish momentum building. On the 4 hour we can also see a longer term macd bullish divergence.
All in all, this is a huge trade, and I hope you can get in on it. I wish you all the best in this trading week to come, and best of luck!
コメント:
Hey everyone, I would advise that if you can get out, you do. Bitcoin isn't responding in a way that I would like, and it is making me less confident in this trade.
