Ok, folks.
The image from yesterday post:
Same wave without editing today (zoom in):
Edited and zoomed out:
That is my positive scenario. And that is my wave (iii): 5-3-5-3-5. Beautyful!. NB! that can also be C in double zizgzag, but it does not matter until the impulse is done. I consider that fact when setting up the price target.
Zoom out to see the wave (1) on the higher level.
And here comes my price target: $9 900.
BTC if fine to spike the support/resistance level, so I put the (iii) above the $10 000 and v a bit below it (to my pricing target). v can be extended and there is a high chance that we will see a price reversal (double zigzag idea) somewhere very close to the $10 000 level. Trade on with the stop-loss orders a bit below $9000.
Stay tuned!
Great charts, thanks! Looks like volumes ate confirming the breakout as well! Thanks for the analysis!
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Superb work very easy to understand and track keep them coming cheers
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thanks for the feedback!
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@echowhale is now a little charged up and awake.thanks for waiting patiently.
Swimming by with your upvote
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