If this is a true impulse we know that wave 4 cannot go into wave 1 by more than a wick. Wave 4 is getting close to Wave 1 territory right now which would mean there's a good risk/reward trade. Looking at a FIB extension wave 3 hit the 1.618 extension meaning that the 5th wave should hit about the 2.618 extension area which the price will be $14448. The C wave in wave 4 may not be quite done yet. The optical buy would be about $10,800. However there's always a chance it may not hit those prices.
Buy in around here
Ladder buy $11,000, $10800
SL: $10630 or wait for a daily close to see if bitcoins candle body doesn't go into wave 1 territory.
TP1: $13190
TP2: $14,448
Buy in around here
Ladder buy $11,000, $10800
SL: $10630 or wait for a daily close to see if bitcoins candle body doesn't go into wave 1 territory.
TP1: $13190
TP2: $14,448
Bình luận:
Leverage bids filled at 10800
Bình luận:
if daily close is below $10,757 count is invalidated. It already bounced up from this support area today. Lets see some momentum
if daily close is below $10,757 count is invalidated. It already bounced up from this support area today. Lets see some momentum