https://www.tradingview.com/x/e2WNuHPL/
I will keep my updates here on Bitcoin. For charts please refer to my telegram channel t.me/joinchat/AAAAAE6m2DwNVbJIEhUe5g.
Today, BTC is showing an overbought direction on 4H timeframe on binance chart. It indicates that BTC is still in wave 4 of the previous chart I shared on date 17 Aug 19 and looking for wave 5 for more downside (EWT rules).
But, on the 4h chart, BTC have Ichimoku indicator that is showing KIJUN crossing below Tenkan with the trend breaking above them = bullish reversal.
In such a situation, it is tough to trust the market and to decide to enter a position. It might be preferable to wait and enter into a good position with proper direction.
Please feel free to join our chat group chat.whatsapp.com/Cu5bZ5M3AvV7kfc6lLlTeB
Disclaimer:
Do NOT trade based on what you see in this analysis and the Analysts that produced this analysis are not be held responsible for any losses that may occur.
You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading. You should only trade based on your knowledge, experience, and risk as a trader.
This information is for educational purpose only.
Trading in any market contains a high degree of risk. It is possible and EXTREMELY likely that you will lose some if not all of your initial investment.
The Analysts that produced this TA are not licensed, financial planner or adviser. If you are unsure of anything in the financial market, always seek advice from a licensed financial planner or adviser.
Invest at your own risk and as always, do your own research!
I will keep my updates here on Bitcoin. For charts please refer to my telegram channel t.me/joinchat/AAAAAE6m2DwNVbJIEhUe5g.
Today, BTC is showing an overbought direction on 4H timeframe on binance chart. It indicates that BTC is still in wave 4 of the previous chart I shared on date 17 Aug 19 and looking for wave 5 for more downside (EWT rules).
But, on the 4h chart, BTC have Ichimoku indicator that is showing KIJUN crossing below Tenkan with the trend breaking above them = bullish reversal.
In such a situation, it is tough to trust the market and to decide to enter a position. It might be preferable to wait and enter into a good position with proper direction.
Please feel free to join our chat group chat.whatsapp.com/Cu5bZ5M3AvV7kfc6lLlTeB
Disclaimer:
Do NOT trade based on what you see in this analysis and the Analysts that produced this analysis are not be held responsible for any losses that may occur.
You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading. You should only trade based on your knowledge, experience, and risk as a trader.
This information is for educational purpose only.
Trading in any market contains a high degree of risk. It is possible and EXTREMELY likely that you will lose some if not all of your initial investment.
The Analysts that produced this TA are not licensed, financial planner or adviser. If you are unsure of anything in the financial market, always seek advice from a licensed financial planner or adviser.
Invest at your own risk and as always, do your own research!
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BTC update BTC exactly followed the charts shared earlier. Please wait for the next update.
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.
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.