BitcoinLong
Leading first wave diagonal, My elliot wave perspective for BTC
Hello guys, this is my elliot wave perspective on bitcoin on lower timeframe. I've seen a bearish rising wedge pattern on 2 hours chart and this could be a good sign for bitcoin. As you know, the bearish rising wedge usually known as the leading first wave diagonal as the 1st impulse wave going up. My target for the short term is testing the previous support that is now become resistance as well.
My position? Still long on bitcoin since $9400.
My position? Still long on bitcoin since $9400.
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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.