BITCOIN trading for "dummies". An ABC in what to do WALLSTScalper Report # 17 May 29 2017

in #bitcoin8 years ago (edited)

Trade bitcoin like a champ Join the movement & trade market with an edge.
https://gyazo.com/6cf99589e817a6981de0bb149ce1f63a

WHAT to do in trading sunday through monday.
Last week huge gains and profit taking ended up in a correction that we nailed ( See STEEMit blogpost post here: https://goo.gl/vS7u7z)

BTCUSD 1.png
I will below go further into the Bitcoin analysis using the technical analysis toolbox.

Last week I stated covering the $BTCUSD trade. I will ahead pay special attention to this pair.
You will therefore find a variety of analysis' here.

Feel Free to drop a comment or chart and let's nail the trade together like we did last week when Wave 3 was elliott waved and ended up making a Harmonic Bullish Gartley.

I will look at the Bitcoin trade from multiple timeframes and gather them all here down below.

Best to your trading
WALLSTScalper.com
René

I'm looking for a Harmonic Bearish Gartley to play out sunday through monday. Bitcoin has gone into a wave 4 correction making an Elliott Wave triple zigzag down after friday's Bullish Gartley and a perfect 38.2 retrace from PRZ. (See last week charts here):
5.png

Is harmonic patterns within trading ...new stuff for you...consider a quick course or perhaps brush up. You could also choose to get connected through chat and speak (See link on top of my STEEMit.com)

Price should - as I write this - be in a move up toward the D-leg. When target being hit a short should be initiated.

It's still too early saying. As I see it right now... Price should be carving out a triangle formation that will push price sideways until further up move should happen.

As always connect through link on top and...best to your trading.

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