#Bitcoin - 2 Idea's #BTCUSD

15 thg 3, 2020

Following idea for Bitcoin with 2 variants.

No.1: Short return to (e) and then break out upwards.

No.2: Potential bear trap (abcde would then be void and the run down would be 5-wave as c) and thus possibly about $1,000 rewind and then surprise the bears with a strong rise.

No. 1 is CRR too bad and therefore not tradable for me.

No. 2 would be in the example shown a CRR of 3.49 to 1 and thus in the rulebook. Optimum entry would then have to be sought, depending on the wave 3 of c.

Good luck and happy trades

Stefan Bode

16 thg 3, 2020

Ghi chú

17 thg 3, 2020

Ghi chú

For a presumed 3, no dynamics appear to me on the BTCUSD. Without dynamic a move of a wave 3 is also unlikely. Therefore, long positions should be hedged at entry. In any case, my target range has not been reached and therefore I will stay out of the Bitcoin at midday.

P.S. What does not want to rise, may want to fall.

23 thg 3, 2020

Ghi chú

24 thg 3, 2020

Ghi chú

7 thg 4, 2020

Ghi chú

Be careful. No closing above $ 8.000!