Bitcoin could be long-run bearish according to this expanding triangle formation. D leg of the wave has been completed, price is going down to form the last leg of the triangle. This possibility could lead to a bear run targeting the 30K level and may reach 15K.
Bitcoin could complete its ABC correction at 52K, C wave may forms ending diagonal.
Cardano wave path with buy and sell levels. short time bearish and long term so bullish
I expect a triangle formation for wave 4. C wave of the triangle could end about any price between ( 37000-33000).
if BTC fails to close above 52k this may indicate that we have another leg to the downside.
Is this retrace part of wave B? WE can easily notice after each topping formation BTC has made, there was the B wave retracement or the hope wave. The psychology behind it is when some traders and investors start rethinking the completion of the correction since the big wave is an uptrend. COULD the history repeat itself in 2021 topping formation?
SUPER will make super profit
Invalidation if 28800 is broken
ETH ABC correction. the 5th wave of A wave seems in progress.
BTC has done the bottom and the first wave 1 completed, ABC correction in progress