It looks to me that one market cycle is at its completion and sellers are going to return. I am expecting one more push up to reach that 786 level. This gives me butterfly alert in the future which takes us new all time highs.
This up trend looks like 5 wave move so expecting 3 wave move down.
This up trend looks like 5 wave move so expecting 3 wave move down.
Note
I have to adjust my view because new data shows possible up move. I believe BTC does the same.
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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.