Hello Traders, this is my current view of bitcoin :
*I just shorted btc from 16.84k
Stop 17.01k
Target 16.5k 16k 15.5k 14.8k
- Btc was moving down inside the slope channel
- The 3rd wave was confirmed by the increasing volume
- There's possibility that 5th wave has started and the target is around 14.78k
- Will wait for price action to go long around 14.78k
- The invalidation is 13.9k
*I just shorted btc from 16.84k
Stop 17.01k
Target 16.5k 16k 15.5k 14.8k
Order cancelled
This setup is invalid, the top of wave 2 has touched.
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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.