Follow up of my very long term analysis, but cleaner. The purpose of my [Map] series is to keep some perspective of landmark zones before starting any shorter term analysis
Previous analysis :
Previous analysis :
Note
Important zoneNote
Update on the previous idea :First reversal zone looks like it failed (80% chance)
Looking at the next (red circles)
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Third touch of the trendlineImportant zone, once again
Note
Bear market continues for nowI'm still not investing longterm holdings (except in VERY high potential alts) until 7800-8100 zone is broken to the upside, or we go below 4800$
Stay frosty
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Target zones are still big for now. Precise target depends on the momentum we have when we reach them. Those key points will require short and medium term analysis once we approach themNote
Wave 4 soon doneCapitulation at last.
Bitcoin will soon be a good longterm buy
Note
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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.