TomHall
Giá lên

Bitcoin - $8,370 Profit Target

COINBASE:BTCUSD   Bitcoin / Đô la
Trade Pair: BTC             .USD
Time Frame: Daily
Predicted Direction: Long

BTC             .USD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Bình luận: A quick update on this setup.

Currently price is floating sideways, given that we have technically closed above the descending trendline with no bullish impulse is a warning sign for any long opportunities.

Personally i am sitting back watching price day by day as there is no clear direction to trade as of right now.
Bình luận: Price failed to impulse out of the daily descending trendline which for me invalidates a long opportunity short term.

The 4hr TF is now producing a short opportunity should price break $6,600.
I will await a break & retest prior to a short opportunity.

Bình luận: Price breaking the 4hr TF structure, the Daily breakout is now confirmed.
Bình luận: I have been asked how i executed this position, i would always prefer to be transparent, i didn't personally take this trade due to the quick impulse.

I hope others we able to take advantage.
Bình luận:
Website: http://www.UKForexSignals.com
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Best one, thank you for updates
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Bingo, then?
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Any update?
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Would appreciate more information, this spike is much larger than the reaction to the first bottom at 5800...is this sustainable?
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Should we wait for a pull back before going long"? And what kind of pullback can be expected?
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Kotaiba_Watted userbeauty
@userbeauty, BTc is back baby Angelo started to buy BTC
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Tom, I have paid very, very close attention to your calls. I strongly value your opinion.
What do you think?

Any tips? I'm looking to improve. I'm hungry to become better than you.

<3
+1 Phản hồi
mc_peewee mc_peewee
@mc_peewee, Shoot, myb. lol. Nervous, forgot to post it.
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TomHall mc_peewee
@mc_peewee, Hi,

I like the analysis, however i wouldn't try and predict too far ahead, especially with Crypto's.

It's not saying i won't be possible, however if for example it doesn't consolidate like you imagined you would wait for the next move and the next move etc and you may never get a trade.

I personally wait for the consolidation then trade the next impulse.

I hope the above helps a little.
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@TomHall, Thank you very much for the near instant response.

As far as the full 5-step Elliot Wave is concerned, I'm automatically assuming price won't behave the way we all think it might. This is why I provide up to 45 hours straight, of live coverage. (This is my record so far. I desperately want to be right, so I can beat that record.) I am constantly checking each time frame, I have numerous different VERY powerful signal alerts in place. I understand what you mean about waiting, but I'm curious. How would YOU trade an impulse? What do you look for, what signals are you trying to achieve?

Thank you very much for the reply. Believe it or not, this is far from the first time you've taught me something. I've kept very, very close eye on your charts and I want to pick your brain as much as you're willing to allow.

Again, my goal is to become better than my secret mentor.
Yes, I've watched you for a few months. I've learned a few things.
Thank you so much for offering your charts to the world.
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