BTCUSD - TL-4C Completed
Morning Traders,
It is snowing in Toronto and is cold. Then lets take a look what is going on with Bitcoin.
Look like we have complete TL-4C formation, and now we wait for fifth swing and then we will perhaps see price drop bellow 4 point.
At this time price stop on 50% of the last swing which is god sign for the fifth swing. Also Momentum stop where should be.
We have Resistance on the level of 8955.0, of course support on 50% of the last swing and one more support is 7974.0.
Did you know that TL-4C is working With Elliot Waves?
Ok let see what will happen.
Cheers.
Jim
It is snowing in Toronto and is cold. Then lets take a look what is going on with Bitcoin.
Look like we have complete TL-4C formation, and now we wait for fifth swing and then we will perhaps see price drop bellow 4 point.
At this time price stop on 50% of the last swing which is god sign for the fifth swing. Also Momentum stop where should be.
We have Resistance on the level of 8955.0, of course support on 50% of the last swing and one more support is 7974.0.
Did you know that TL-4C is working With Elliot Waves?
Ok let see what will happen.
Cheers.
Jim
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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.
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.