Bitcoin / TetherUSUpdated Weekly Bitcoin Wave Analysis & Turning
From WEEKLY chart, we could see Bitcoin is now on "Wave 4" with Support area around 42k - 38k with target "Wave 5" is around 51k - 61k.
I also seek for daily bottoming and turning point approximately on "14 September 2021 (+/- 1)".
Disclaimer on.
I also seek for daily bottoming and turning point approximately on "14 September 2021 (+/- 1)".
Disclaimer on.
Note
Honestly, i expected the correction touched the yellow zone around 13-15 September then bounce, but it didn't happen. Next, i think it'll move towards the yellow zone first. Then we'll see what'll happen.Trade closed: target reached
Finally reached the yellow zone as expected.I think this week we might see a turning point on 23 September 2021 (H + / - 1), but still this will be very tough week.
Then, let's see what'll happen again.
Note
"I mean 26 September (H + / - 1), not 23 September"Note
Since 26 Turning Point can't make it, i think we'll wait & see at 38,000 areaNote
Late, Turning Point...Trade closed: target reached
Finally it reached our destination...To be continue....
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.