Hope this idea will inspire some of you ! If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video. Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum. You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
Hi Phil! BTC's 24 hour volume at $9.1 billion. The last time we've reached this was Feb 7/8 range, during the last downtrend to the 6K range. This shows general interest from the public and there could be a strong will to support the 6K ranges. The question is this the beginning of the next bull cycle?
trebuchet
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Hi Phil, can you please explain the significance of your Elliott wave structure that terminates at your stop-loss? I've sent an email detailing my question in pictures. Thanks.
WonderfulTimes
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Good luck! I'm willing to take also this trade, but I keep first an eye on how the market is reacting.
EspressoDopio
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Great stuff. MERCI for generously sharing your insights at your the daily updates.
The drawing tool you use has various templates like STOP, SUPPORT, TP1 etc... AS it is quite handy, I would like to use it to speed up my own drawing. How did you get it?
cankarako
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Hey man why are you not placing your stoploss higher? There is a ton of resistance at 9k-9.2k area there is a chance price will reach there and you can make a lot more profit if you short there. There is no way we are going higher than that don't you think?
The short squeeze.
And I think we may test the downtrend line (log scale) at around $8800 before BTC heads back to the 6k ranges.