BTC/USDT
The above scenario can be considered by looking at the timing of the daily and three-day frames
Thus the final descending wave of the range 10400 is called wave (C) and we can imagine the end of this wave in the range of 3350
Therefore, if the price responds to the support of the range 3350, we can call this range (E) and expect the trend of this range to change in the long run as the last wave of the triangle.
If the predicted scenario materializes, we expect the 7400 range to be the most important and strongest medium term range (around 2 to 3 months).
The red wave is a hypothetical schematic and will be updated to the 7400 range if the price is reached.
The above scenario can be considered by looking at the timing of the daily and three-day frames
Thus the final descending wave of the range 10400 is called wave (C) and we can imagine the end of this wave in the range of 3350
Therefore, if the price responds to the support of the range 3350, we can call this range (E) and expect the trend of this range to change in the long run as the last wave of the triangle.
If the predicted scenario materializes, we expect the 7400 range to be the most important and strongest medium term range (around 2 to 3 months).
The red wave is a hypothetical schematic and will be updated to the 7400 range if the price is reached.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.
Mr ChaRtist
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/MrChaRtist2025
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.