BITCOIN trading for "dummies". An ABC in what to do WALLSTScalper Report # 17 May 29 2017steemCreated with Sketch.

in #bitcoin7 years ago (edited)

Trade bitcoin like a champ Join the movement & trade market with an edge.
https://gyazo.com/6cf99589e817a6981de0bb149ce1f63a

WHAT to do in trading sunday through monday.
Last week huge gains and profit taking ended up in a correction that we nailed ( See STEEMit blogpost post here: https://goo.gl/vS7u7z)

BTCUSD 1.png
I will below go further into the Bitcoin analysis using the technical analysis toolbox.

Last week I stated covering the $BTCUSD trade. I will ahead pay special attention to this pair.
You will therefore find a variety of analysis' here.

Feel Free to drop a comment or chart and let's nail the trade together like we did last week when Wave 3 was elliott waved and ended up making a Harmonic Bullish Gartley.

I will look at the Bitcoin trade from multiple timeframes and gather them all here down below.

Best to your trading
WALLSTScalper.com
René

I'm looking for a Harmonic Bearish Gartley to play out sunday through monday. Bitcoin has gone into a wave 4 correction making an Elliott Wave triple zigzag down after friday's Bullish Gartley and a perfect 38.2 retrace from PRZ. (See last week charts here):
5.png

Is harmonic patterns within trading ...new stuff for you...consider a quick course or perhaps brush up. You could also choose to get connected through chat and speak (See link on top of my STEEMit.com)

Price should - as I write this - be in a move up toward the D-leg. When target being hit a short should be initiated.

It's still too early saying. As I see it right now... Price should be carving out a triangle formation that will push price sideways until further up move should happen.

As always connect through link on top and...best to your trading.

Remember to read our CFTC disclaimer at website.