BTC analysis
I've been keep analyzing BTC daily because I need to know what cycle we are on, so I can trade an altcoin for safe.
Two days ago, I found a falling wedge and downtrend channel with a complete Elliott wave 12345. That was a beautiful setup for long!
I updated my BTC analysis, it's forming the uptrend channel and the rising wedge, about to complete a fourth Elliott wave soon, that mean one more round to reach the fifth. My indicators signs bullish in both 30 min and 1 hour timeframe.
FYI, Elliott wave 12345 could be fake out, BTC could drop without reaching the fifth.
Two days ago, I found a falling wedge and downtrend channel with a complete Elliott wave 12345. That was a beautiful setup for long!
I updated my BTC analysis, it's forming the uptrend channel and the rising wedge, about to complete a fourth Elliott wave soon, that mean one more round to reach the fifth. My indicators signs bullish in both 30 min and 1 hour timeframe.
FYI, Elliott wave 12345 could be fake out, BTC could drop without reaching the fifth.
Note
BTC failed to break the green resistance and couldn't complete the fifth Elliott wave.
Johanco
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Johanco
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.