In this shortly moment, Bitcoin is now in the double top and hte price it's began to drop. So, this is an interesting position to put in short position.
Rememebr we are into the simetric triangle in the Daily timeframe, so, we now to completely the elliot waves D and find down the E and more investors are hoping hte zone E at $9,000 USD to invest and buy in this zones, all traders and holders to buy more Bitcoin.
And finally, in H1 timeframe, we are to see the perfect double top, and in RSI and MACD in H1 as H4 it's show me a moment to sell Bitcoin until the $9,000 USD, so I put a sell order limit at $9,549 USD. And so,I hope that my order is active it. Now if you see carefully MACD and RSI doesn't have force to continue upper, and it's the same in H4 timeframe., so, the moment and sentiment in microtrend is bearish for now. So, this is my proyection and hope that Bitcoin going to 0.382% of Fibonacci as target profit, rememebr that Bitcoin came from a Butterfly bearish and the price is upper to touch the highly zone of simetric traingle.
Rememebr we are into the simetric triangle in the Daily timeframe, so, we now to completely the elliot waves D and find down the E and more investors are hoping hte zone E at $9,000 USD to invest and buy in this zones, all traders and holders to buy more Bitcoin.
And finally, in H1 timeframe, we are to see the perfect double top, and in RSI and MACD in H1 as H4 it's show me a moment to sell Bitcoin until the $9,000 USD, so I put a sell order limit at $9,549 USD. And so,I hope that my order is active it. Now if you see carefully MACD and RSI doesn't have force to continue upper, and it's the same in H4 timeframe., so, the moment and sentiment in microtrend is bearish for now. So, this is my proyection and hope that Bitcoin going to 0.382% of Fibonacci as target profit, rememebr that Bitcoin came from a Butterfly bearish and the price is upper to touch the highly zone of simetric traingle.
Trade closed: stop reached
Waoh, waoh, waoh, this is a huge manipulation, because Bitcoin price it's supposed to complety the Elliot waves E and later traders buy it. So, this is a pure manipulation, so I re-entry in a short again nar of $9,700 USD.Trade closed manually
Well guys. At the moment we need to closed all short position. Bitcoin doesnt have a force bearish to following dropping. So, the sentiment of the market is bull. And it's a possible to pjt in long. So in few hours I make my technical analysis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.