LukeSkywalker

YOU PROBALLY HAVNT BEEN PAYING ATTENTION TO BTC - 4K LONG SETUP

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LukeSkywalker Uppdaterad   
BITMEX:XBT   Bitcoin
On my last analysis we gotten a long opportunity around 3580. I am holding this long until 3830, where we should be seeing a 4th wave down for the retracement.

Then it is to be expected that we would see a 5th wave up targetting 3990.

Since we are developing som sort of wedge there is going to be alot of resistance around the 4k area.

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Last idea:

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We failed the 3rd wave. Next up is possible a bounce from the wedge, if that fails, we may go below it and hit 3450 next for the 5th wave down. It may be a good idea to place some buys around 3450.


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