BTCUSD Trading Signal Elliott Wave Crypto Dec 2020

BTCUSD Trading Signal | Elliott Wave Crypto | Dec 2020

BTCUSD Trading Signal | Elliott Wave Crypto | Dec 2020

Market: Crypto
Symbols: BTC/USD
Signal Category: Swing
Direction: Bullish
Order Type: Market / Limit

(Entry / Stop Loss / Take Profit)

The following Sell Orders on US Indices have been been published in the “Trading Signals” section.

BTCUSD Trading Signal | Elliott Wave Analysis

BTC/USD - Daily Chart

BTCUSD Trading Signal - Daily Chart

BTC/USD (daily) has been labeled within a Cycle Degree wave (III) (black), late stages of development.
Primary 5 (green) would be expected to finalize with the next expected bullish swing, and could also present an extension.
The Elliott Wave Channel empowers more gains ahead, and also signals the fact that Intermediate (5) (green) could be commencing along with a break-out.

BTCUSD Trading | BUY Orders

BTC/USD - 4H Chart

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Bitcoin Trading - BUY Orders - 4H Chart

BTCUSD Trading Signal | BUY Levels

  • Aggressive Entry @ Market Price (approx. $19150.00) with SL @ $16700.00

  • Moderate Entry @ $18500.00 with SL @ $16700.00

  • Conservative Entry @ $17200.00 with SL @ $14800.00

  • TP @ $21000.00 / $22250.00 / $24000.00 / $25500.00

Safety Measures:

  • Moving SL to beak-even when in the green.

Special Notes:

  • BTC/USD needs to be watched around the 23000.00 Levels, as the minimum requirements for a 5th Wave will be met there.
    However, there is a realistic chance that this 5th Wave would overshoot, and cause a big spike.
    To be watched and continued…

Ahoy my fellow trader,

Thank you for your interest in this article and the overall information I am proving.
Should you need any support or have any questions in regards to the presented Wave Counts, please let me know.
I am most active and available via Telegram and Skype, feel free to shoot me a message.

As always,
Many pips ahead!
Richard

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