BULLTRAP BITCOIN - Roadmap February

This is my analysis on Bitcoin for the month february

Please leave a like or leave a comment if you have a different view on this price action.

Explanation:

Wave 1: Sharp move to hunt late shorters /exit of short positions

Wave 2: Long consolidation period to towards the line of our channel

Wave 3: Nice move to the upside, 1.382 of wave 1, taking out stop losses

Wave 4: Bullish flag , now with D (max pain point imo) Taking out high leverage positions in consolidation area, to take out high lev longers later

Wave 5: Biggest wave of this channel, take out all the shorters before making next move

This is not financial advice

Komentarz:

Waiting for the S&P to drop

Zlecenie aktywne

Komentarz:

Looks like the timing is on linear scale.

Waiting for volume

Zlecenie zamknięto ręcznie:

Target hit on Linear scale

Komentarz:

Looking for a long now