BTC/USD is on the verge of completing its 5th wave of the 5 wave Elliot Wave.
Potential shorting opportunity: watch for breakout of the bearish pennant at $32,800, and make sure you put a tight stop loss.
Target = $24,400 - $20,000 <<<<<---- Also buy zone area
<<<<<This is not financial advise, please always do your own research before taking any risks>>>>>>>>>>
Potential shorting opportunity: watch for breakout of the bearish pennant at $32,800, and make sure you put a tight stop loss.
Target = $24,400 - $20,000 <<<<<---- Also buy zone area
<<<<<This is not financial advise, please always do your own research before taking any risks>>>>>>>>>>
Note
Wyckoff pattern forming on the 5min chart. one more pump to $34,400 - $34,500 before BTC breaks out of the bearish pennant of $32,800
Note
Bearish pennant, possible fake out. if price reverse back into the pennant on the 5 min chart, Price will up rapidly rally to $34,400 - $35,500 in the next 10-20mins before making it move to 24-20l region
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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.