A Correction in the Short Term & Continuation of the Bears
Updated
A correction is now at our doorstep. We are in day 4 of the recent bull run, which typically exhausts by day 3 or 5.
- Volume Divergence
- RSI Divergence
- MACD Divergence
- Long red candle forming on 4 hour
- Long green wick on the 1 day
- Elliot Wave complete
- Correction wave initiated
This is only a prediction off the TA I am currently viewing, which BTC has remarkably adhered to during this bearish market. Take it with a grain of salt and always do your own due diligence.
- Volume Divergence
- RSI Divergence
- MACD Divergence
- Long red candle forming on 4 hour
- Long green wick on the 1 day
- Elliot Wave complete
- Correction wave initiated
This is only a prediction off the TA I am currently viewing, which BTC has remarkably adhered to during this bearish market. Take it with a grain of salt and always do your own due diligence.
Note
Finished forming a H&S. Target: Approx $3500
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