BTCUSDT Analysis (LOCAL VISION)

2022년 3월 5일

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Everything on the chart.
We received another complication in the structure of bitcoin and the option with an upward impulse was canceled
because we fell too low and got the intersection of the alleged fourth wave with the first,
the only remaining option with growth(from point of view Elliott Waves) from the current ones is a triangle,
now I’m waiting for at least some a rebound to the area of 41-42k, and from 41-42k waiting for one more decline to the area of 36-37k.
Entry zone: 36-37k
Target: 42 - 46 - 51k
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of growth - consolidation below 35k.
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!

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