I was not expecting such momentum at all. And it does not look corrective either. It looks like a straight up impulse.
If i am correct about this, the correction has ended and BTC has started a strong wave 1. If so, there will be a huge wave 3 after the coming corrective wave 2.
I had to close some of my short positions at a loss. But once i saw this happening i started hedging long so it is not a big loss right now. I am willing to jump in long again once I see a corrective wave 2 like this:
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I want to try this special offer and see how it goes (depending on how it goes i might do that again):
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DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way i see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
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Resteemed brotha! 106 followers
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Resteemed with 98 followers just because I liked your analysis.
i mean what is next step of bitcoin whats ur anaylsis...in next days btc go up or down
going up to approximately 2420, then going down. I will make an update once the correction has ended and i think it is going up more after that correction
what abut next btc
i don't understand your question
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It will go down again. Zoom out to 1-3 month chart to see that bearish trend is not finished yet.
Are you still sure about that^^?