1 min

Bitcoin is following my plan (but not exactly!)

Now BTCUSDT is showing us that it still can be the corretive wave 4 because critical level was not broken, but I think price will do it.

Hello, everyone!

Yesterday I closed long trade at the entry just before this dump. It was good decision, but it looks like I missed short again. The reason is the shortened wave 5. I feeled that something is going wrong with this wave, but supposed that it could be the wave 4 represented as a flat corretion.

Now BTCUSDT is showing us that it still can be the corretive wave 4 because critical level was not broken, but I think price will do it. Therefore I consider here the shortened wave 5. It means the dump to $23k has been started and I am going to open short on the potential bounce in wave 2 to 0.61 Fibonacci retracement level.

Best regards, Ivan

Trade easy with Smart tools

Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform.

Similar blog posts

Hello, Skyrexians! We hope you enjoy our yesterday Bitcoin analysis which is now playing out. Daily candle closed great, but this reversal is still unconfirmed. So, we are still in

Hello, Skyrexians! Yesterday morning we did a big warning that altcoins will drop again. We expected the dump on Monday, but it has been started the next hour after our

Hello, Skyrexinans! Couple of weeks ago we also warned you on the weekend that on the next week can start the huge dump on the crypto market and on altcoins

Hello, Skyrexians! Recently we have already made the analysis that ETH is printing the wave C inside the global wave 2 in this bull run. Today we will consider the

Hello, Skyrexians! We have already made a lot of analysis on ADA and all of them plays out great, this coin is very technical moving, so we can predict them

Hello, Skyrexians! Recently talked enough about the Bitcoin and Dominance, it’s time to come back to altcoins with great potential. This is time for because it looks like to flash