Good day Traders
Bitcoin: Expanding diagonal invalidated & seeing this as a completed wave 4 correction for now. Bet there's plenty sitting on sidelines waiting for that 10.5k entry..
More likely to me that this just grinds up from here. Daily order block and 4H EMA200 holding strong.
I reckon we should target that $12.8 - $13k weekly resistance next.
Good luck and happy trading!
Bitcoin: Expanding diagonal invalidated & seeing this as a completed wave 4 correction for now. Bet there's plenty sitting on sidelines waiting for that 10.5k entry..
More likely to me that this just grinds up from here. Daily order block and 4H EMA200 holding strong.
I reckon we should target that $12.8 - $13k weekly resistance next.
Good luck and happy trading!
Note
Note
Ignore previous chart, this is my primary countNote
Note
Not just yet. Looking for one more drop to complete this correction. Declining volume on the lower tfs with this rise off the daily OB. Open interest also rising during this drop. Targeting $10783 - $10938 (A:C 1:1 extensions)
Note
Bearish divergence on the 3H
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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.