BitcoinLong
BITCOIN - 3 Wave Completion
BTC
Following the bearish "Eve & Adam" dome & spike pattern, the possibility of this are being a running (bullish) 3 wave correction is increasing.
Notice the bullish RSI divergence that will print if a solid pivot is formed here.
We've seen some pull backs in related coins and instruments.
Since there is no obvious bounce as yet, there is risk in buying anything up here and it could yet print a shakeout pattern to slump lower.
But the most likely outcome I think is that a significant low is forming or close to forming.
In the end it most likely won't make too much difference and this area provides a dip buy opportunity 👍.
Not advice
Following the bearish "Eve & Adam" dome & spike pattern, the possibility of this are being a running (bullish) 3 wave correction is increasing.
Notice the bullish RSI divergence that will print if a solid pivot is formed here.
We've seen some pull backs in related coins and instruments.
Since there is no obvious bounce as yet, there is risk in buying anything up here and it could yet print a shakeout pattern to slump lower.
But the most likely outcome I think is that a significant low is forming or close to forming.
In the end it most likely won't make too much difference and this area provides a dip buy opportunity 👍.
Not advice
Note
Thats a nice bounce and a 3 wave running correction is now complete.
Good chance that Bitcoin is into the next wave up here!
There have been some tasty dip buys and deep buys in this area.
On with the party 👍
Note
Press play and see this dip buy worked very well...
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I'm taking a break from TradingView👋🏻.
But offering 20% discount to join my group 👍🏻
Lots of content every day with regular videos, 1:1 and chatroom 🚀.
Telegram Group: $40 for first month in January (then $50)✨.
Contact: t.me/dRends35
But offering 20% discount to join my group 👍🏻
Lots of content every day with regular videos, 1:1 and chatroom 🚀.
Telegram Group: $40 for first month in January (then $50)✨.
Contact: t.me/dRends35
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