Tentative Targets BTC 30 minute. For the time being, I can't get a confident wave count with the mashing on all the resistance levels.
If we lose $9,500 next stop is $9.1-$9.3k and a bounce within the Ascending triangle to retest and likely break $9.8k.
In the event the impulse wave started at the short liquidation candle at the dip, $8.5k is the next area of a potential pivot. We'll need to watch closely and see how things roll out from here. Not really a big deal one way or another if you're paying attention.
Trade carefully everyone!
If we lose $9,500 next stop is $9.1-$9.3k and a bounce within the Ascending triangle to retest and likely break $9.8k.
In the event the impulse wave started at the short liquidation candle at the dip, $8.5k is the next area of a potential pivot. We'll need to watch closely and see how things roll out from here. Not really a big deal one way or another if you're paying attention.
Trade carefully everyone!
Note
WOOHOO! BTC ROCKS right now guys!Note
I'd like to note the 200 ma is immediately overhead and at what I see as wave 5 of this impulse from the bottom. If we're able to break above it, This could be an incredibly strong signal. I'll be honest, I didn't expect to make it quite this high at this time but overall market sentiment is growing much more bullish than I'd imagined and I'm one of the only people around calling in the bull at the dip haha.Note
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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.