jpbrshort

BTC Forecast (update)

Corto
jpbrshort Actualizado   
BITFINEX:BTCUSD   Bitcoin
As you can see BTC is following the path shared a week ago.

After the ABC pattern (double top) we are right now descending in the first wave of a 3rd wave that is going to end in 6k. In that path...we are going to have a decent rebound in 7.4k and before the double bottom.

this is my projection for the 12345 waves inside the third wave.

Short Term: (today) LONG
Medium Term: SHORT
Long Term: SHORT

I am LONG in the short term, because we need to relax indicators before going down again, so..I think there is a chance to make some money scalping and catching the rebound from some alts. This is a risky trade because is against the trend and is like catching a falling knife, if you are not good at risk management stay out.

You can check the accuracy of the prediction and see the big picture in related ideas.

Thanks for reading and any feedback is appreciated.
Operación cerrada: objetivo alcanzado:
double bottom created
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.