i think bitcoin could be resting for a period of time as it goes in wave 4. in weekly chart pattern we obviously see a strong engulfing shooting star which indicates a countertrend for while.
while we are having a simple abcd wave 2 therefor we can expect a complex wave 4 in which there must be a lot of fake news about the currency.
while we are having a simple abcd wave 2 therefor we can expect a complex wave 4 in which there must be a lot of fake news about the currency.
Note
strong Engulfing tweezers top is correct.shooting star is formed in Daily time frame.
sorry for the mistake
Trade closed: target reached
Note
i think we might have another touch on 30k for BTCUSD and if this Crypto couldn't hold that number we could see 25k as our final target.Trade closed: target reached
Another touch for 30K
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.
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.