BitcoinShort
prediction of btc direction
Hello, traders.
I use eliot wave and fib.
I think btc go down.
because
1. btc is below the resistance line.
2. volume is low.
3. rising wedge pattern and head and shoulder pattern. if btc go up slightly, double top pattern can be created.
4. 4h decline divergence(cci).
we have a good entry to buy btc at 34k(top of the downward trend line and fib 0.618).
thank you for reading idea.
I use eliot wave and fib.
I think btc go down.
because
1. btc is below the resistance line.
2. volume is low.
3. rising wedge pattern and head and shoulder pattern. if btc go up slightly, double top pattern can be created.
4. 4h decline divergence(cci).
we have a good entry to buy btc at 34k(top of the downward trend line and fib 0.618).
thank you for reading idea.
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.