Ian_Carsen

Currently looking for something like the following, Take out the stops, and hold the the range below Before new all-time high

I believe bitcoin is eventually making a new local lower low, however, that it will likely bounce off the indicated range first, moving up in a three wave move before continuing lower. Well, the target may need to be adjusted, the indicated trade is attempting to take advantage of this Analysis.

Bitcoin most likely to continue higher from one of the indicated ranges. It may be best to split a trade 1/2 entry on one and 1/2 entry on other with stop below the second, or 2 trades with 1/2 normal risk.

Bitcoin has risen significantly, if it retraces some it will likely stop at the indicated range. Target will need to be selected after the entry based on the development of the chart.

Possible Elliott wave triangle suggests a new local high in the near future giving a trade opportunity at the untested range. Target may be adjusted--that provided is conservative.

I expect a short move up followed by a bigger retracement. While I’d try a long at the lower indicated range, a move further, below it, is certainly possible.

I think bitcoin will likely find resistance at the current range, or slightly higher, and move down in a stepwise fashion to the indicated supports in the near future.

Indicated are some of the major support and resistance levels I'm looking at. I'd expect price to break out of the current consolidation to the upside before moving lower.

While I believe BTC is heading higher (not ATH highs yet) after ending at least pt 1 of a larger corrective phase, if it breaks the current near-term trend but falling below the indicated wick, I think there's a good chance of reaching the first indicated support. Upon which there should be a long to the short region indicated.

Doge has not hit its larger target, therefore I think this would be a decent short-term long