PIXELUSDTThe outcome of this analysis is that based on the structure of a zero - D wave, which may be a pig or triangle, or even a pig, we should look for the optimal areas to buy Spot …
In the event that this analysis is correct, it may be ideal to purchase Spot in the vicinity of Beijing to the tribes.
A cautious target for the Chinese outbreak and a more risky target could be a dollar casualty.
In time terms too, mid - June and more accurately the beginning of the third week of June would be the ideal approximate time for the start of the DC wave …
As indicated in the chart late July and early September are important times in the chart that will probably work depending on the structure and my guess is that the mentioned times are the ideal time for the end of the larger D - wave …
Neo Wave
Bitcoin is bearish | stay cautious (1H)This analysis is an update of the analysis you see in the "Related publications" section
We have been warning about a potential Bitcoin correction for some time. It appears that wave G has ended, and key levels have been lost. If the price reaches the red box, it is expected to be rejected downward.
The green zone is a relatively strong support area for Bitcoin, and we should closely watch this level.
A daily candle closing above the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Check the trend If a trend change occurs within the current support area, the start of an uptrend is likely. Then, depending on the price behavior within the resistance area, the continuation of the trend will be determined.
If the red support area is broken, the continuation of the downtrend is likely.