We are moving towards the end of wave 5 in the Elliot wave cycle (See my previous published for my evidence).
Bitcoin will retrace 50% towards the support zones then continue it's bullish run wants it resets it stamina. It was impulsive and alot of noobs bought at the peak and are now holding, most likely will get liquidated during the retracement of Bitcoin. You wanna win trades without losing? WAIT follow your strategy and enter only after CONFIRMATIONS.
Current position: Short $6368 & TP: $6107
Long Position: $6000-$6100 & TP $6800-$7000
BUY LOW
SELL HIGH
Simple
Bitcoin will retrace 50% towards the support zones then continue it's bullish run wants it resets it stamina. It was impulsive and alot of noobs bought at the peak and are now holding, most likely will get liquidated during the retracement of Bitcoin. You wanna win trades without losing? WAIT follow your strategy and enter only after CONFIRMATIONS.
Current position: Short $6368 & TP: $6107
Long Position: $6000-$6100 & TP $6800-$7000
BUY LOW
SELL HIGH
Simple
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