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BITCOIN-Major support @ 29K may be consolidation and break support, will reach15k?

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BITCOIN-Major support @ 29K may be consolidation and break support, will reach15k?




BITCOIN-Major support @ 29K may be consolidation and break support, will reach15k?

1. As i shared my previous trade plan...it could be a possible end fo the trend and Z) in the high...


  so it seems like that now and yesterday drop shows bearish PA....



2. I am expecting may be this could be a connecting wave X) and will reach in bigger 3 wave structure to 50K as i shown here.



3. Blindly not to enter once it reach 50K have to look for the wave formation and then enter in SELL (dont enter blindly).



4. If it is a bearish and it is a connecting wave X) then i am expecting Y) wave to 15K.(but dont BIAS on this NOW)


 DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


BITCOIN-Major support @ 29K may be consolidation and break support, will reach15k?

The above one was shared in alternate view ...there is a chance for trend also ended in the high....


 DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


Edited 27 May 2021, 22:11

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If it is bullish, why do you think it only rises to 50K instead of 60K?
nmkvijay
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50K-47 is the major resistance and previous it was a good support and lot of overlapping formed to create higher high and finally did the high fell aggressively...so it took as a support and then bounced but, failed to make a new high and formed lower low...so that 47-50K is the major resistance now...

-THE END-