I think we are on a possible reversal zone.
BTC is testing the neckline + fib retracement 0.50.
Also if we stay above the neckline we can start a new wave.
If wave 4 remains outside wave 1 teritory then we might go up and retest the last higher high.
BTC is testing the neckline + fib retracement 0.50.
Also if we stay above the neckline we can start a new wave.
If wave 4 remains outside wave 1 teritory then we might go up and retest the last higher high.
Note
Move Stop-Loss on the entry point after reaching 8050 levelNote
8050 reached! Stop-loss moved to entry point!Trade closed: target reached
Good profit!Trade closed: target reached
Target 2 has been reached.
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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.
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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.