Next week we might accumulate before going up on September 18, unless we go lower than and close below 1484 USD.
Daily TF shows a death cross, the price has reached 23.6 Fibonacci, where a reversal pattern formed. We have a good short opportunity now with targets of 76.4 Fibo and 176.4 Fibo of this idea. Good luck!
The trading plan seems to be very nice for this pair: we need to reach 202.20$ first after that we will go down to 146.20$. So, we might get in a long position with a buy stop at 191.37$, stop @ 186.45$. After reaching 202.20$, see the price action to jump in a fall with a short to 146.20$.
I believe BTCUSD will start a move to the downside with final target @6500. It may begin from the next week. So get your buy limits @ 6500 or join the fall to that level. You are to choose.
I believe we are ready to go up from current levels. According to the Elliott Wave Theory, everything fits the idea of getting some long positions. Look at the chart and see.
Buy some gold, ladies, and gentlemen! It's going to get higher. Consider 23.6 level of the drawn fibo as a good point to enter a long position.
0.236 Fibonacci level might be a perfect place for some good reversal Enter your longs above 110 sat with the stop set around 75 sat Take one is 0.764 Fibonacci level (@ 203 sat)* Take two is 1.764 Fibonacci level (@ 413 sat)** * - put a break-even stop, close 25-50% of your position and watch if price breaks 253 sat ** - 253 broken north, take two...