Hi guys!
We are looking on daily chart of BTC , and we can see strong movement from H&S pattern to 3500.
What we can expect from future movements -- let's see the chart, I've used Elliot Waves to show some of my thoughts about price movement.
Now we are in upward trade channel, and we are on top of it. So be careful, this is not good time to enter the market. However if you already entered on this level don't be very emotional about this, market has a potential to grow.
Using Fibo we can predict trading channels and price levels for further movement.
(S)RSI near reversal zone.
Good luck with your trades,
AShevelev
We are looking on daily chart of BTC , and we can see strong movement from H&S pattern to 3500.
What we can expect from future movements -- let's see the chart, I've used Elliot Waves to show some of my thoughts about price movement.
Now we are in upward trade channel, and we are on top of it. So be careful, this is not good time to enter the market. However if you already entered on this level don't be very emotional about this, market has a potential to grow.
Using Fibo we can predict trading channels and price levels for further movement.
(S)RSI near reversal zone.
Good luck with your trades,
AShevelev
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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.