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BTC/USD - H1 - 5 wave or X
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Hello
Tradecoinplus would like to return to the daily news after nearly one week we hold an event in Vietnam.
Starting today is the mysterious Bitcoin girl. Bitcoin has fallen to $ 7429.99 an ounce on the Bitstamp platform and is on the upward trend. We still expect another buy zone of $ 7358.15 (the price range is likely to be the closing session of the BAT candlestick pattern mentioned in the previous report).
In our opinion, Bitcoin has not been able to increase its price, with the current price target we expect a strong price increase before entering the medium term.
It should be remembered, however, that in the W candlestick pattern, Bitcoin can complete an X-wave to enter long-term correction with a target price down to $ 2000. So with this wave, we recommend that you watch for $ 7900 - $ 8000 to avoid the long wave.
With this newsletter, we will recommend the following commands:
EP: 7358.15 or higher
TP 1: 8497.15
TP 2: 8884.33
TG: 9816.56
We are also expecting some support for the current uptrend, Bitcoin may have a positive move to return to Bullmarket. That depends entirely on this important wave.
We will update at the next news, do not forget to like and share if you love us offline!
[Tradecoinplus]
[Team Trade +]
Tradecoinplus would like to return to the daily news after nearly one week we hold an event in Vietnam.
Starting today is the mysterious Bitcoin girl. Bitcoin has fallen to $ 7429.99 an ounce on the Bitstamp platform and is on the upward trend. We still expect another buy zone of $ 7358.15 (the price range is likely to be the closing session of the BAT candlestick pattern mentioned in the previous report).
In our opinion, Bitcoin has not been able to increase its price, with the current price target we expect a strong price increase before entering the medium term.
It should be remembered, however, that in the W candlestick pattern, Bitcoin can complete an X-wave to enter long-term correction with a target price down to $ 2000. So with this wave, we recommend that you watch for $ 7900 - $ 8000 to avoid the long wave.
With this newsletter, we will recommend the following commands:
EP: 7358.15 or higher
TP 1: 8497.15
TP 2: 8884.33
TG: 9816.56
We are also expecting some support for the current uptrend, Bitcoin may have a positive move to return to Bullmarket. That depends entirely on this important wave.
We will update at the next news, do not forget to like and share if you love us offline!
[Tradecoinplus]
[Team Trade +]
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