Wave 1 done, Wave 2 consolidation (ABC) in process, Wave 3 target 80K+ Satoshi @ 100% Gains
We see five waves up followed by a consolidation period with a potential H&S forming.
Assuming this 0.618 fib level holds for this wave, we can project a basic 1:1 extension minimum for wave 3 at target 80K satoshi / 100% gains.
Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders
Please consider these videos:
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Let's Learn Laddering
Lesson 11 Let's Learn Time Frames
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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
Thanks @philakonecrypto... as you say, many altcoin charts are starting to look similar... probably as they are paired with BTC.
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Good analysis Philakone, BTS next Please..
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great video. love how you break things down in terms I can understand. anythoughts on BNB
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