Hello, Skyrexians!
Recently we have already made analysis on
BTC.D where pointed out that this Bitcoin season finally is about to end. Today we share with you our precise analysis of last dominance growth to understand when there is going to be the final reversal.
Let's take a look at 12 hours time frame. Here we can see that Elliott waves structure. It has pumped to the wave 3 target at 1.61 Fibonacci and then retraced in the wave 4. We expect consolidation between 61% and 62% for some time before the final growth in the wave 5. This wave will be finished approximately at 65%. The red dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] and the bearish divergence with Awesome Oscillator are going to be the reversal confirmation factors.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Recently we have already made analysis on
BTC.D where pointed out that this Bitcoin season finally is about to end. Today we share with you our precise analysis of last dominance growth to understand when there is going to be the final reversal.Let's take a look at 12 hours time frame. Here we can see that Elliott waves structure. It has pumped to the wave 3 target at 1.61 Fibonacci and then retraced in the wave 4. We expect consolidation between 61% and 62% for some time before the final growth in the wave 5. This wave will be finished approximately at 65%. The red dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] and the bearish divergence with Awesome Oscillator are going to be the reversal confirmation factors.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.