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Elliot Wave: BTCUSD "BITCOIN" Intraday Buy Setup
Bitcoin is now setting the stage for wave 3 of (3) of ((3)) advance.
A significant rally should commence once the current correction is completed. I'm projecting that the upper trendline will accumulate sellers and signal the completion of wave ((3)). Looking to add more positions at $7450 area, while the key level on the chart is where we don't want price to breach while the correction is still unfolding.
Also, kindly follow below link for subsequent intraday updates on Bitcoin. I will not be posting a standalone intraday like this.
What's your take on Bitcoin? Do you trade it or just buy and hold?
Kindly let me know in the comment and tag colleague traders that want to trade Bitcoin.
Thanks for reading!
Veejahbee.
A significant rally should commence once the current correction is completed. I'm projecting that the upper trendline will accumulate sellers and signal the completion of wave ((3)). Looking to add more positions at $7450 area, while the key level on the chart is where we don't want price to breach while the correction is still unfolding.
Also, kindly follow below link for subsequent intraday updates on Bitcoin. I will not be posting a standalone intraday like this.
What's your take on Bitcoin? Do you trade it or just buy and hold?
Kindly let me know in the comment and tag colleague traders that want to trade Bitcoin.
Thanks for reading!
Veejahbee.
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