I think things are clear
Without any indications, the wave is about to end
1- Momentum decreases with rise
2- The volume decreases with the rise
The result with any indicator will give you
negative divergence
Without any indications, the wave is about to end
1- Momentum decreases with rise
2- The volume decreases with the rise
The result with any indicator will give you
negative divergence
Note
Thank you for following and commenting
This analysis was only to warn of the end of the bullish wave from 38536 to the highest peak was at 42199
Thank you very much for the comments and following
----
You will be following up on the previous analysis until this wave is fully completed on the analysis title
( MONEER 618, says the bitcoin target is between 37000 to 36555)
Trade closed: target reached
ThanksTrade closed: target reached
Target 42400 . achieved100%
Note
Note
Note
We expect the target of wave C to be around 61.8% or less of the length of wave AIf we are going to have a running flat wave model.
This pattern indicates the acceleration of the price reversal in the opposite direction
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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.
Related publications
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.