The all description is in the chart. This is not a financial advice, so DYOR... and you are the one who presses BUY or SELL ,take responsibility for what you do. Good luck.
Dagangan aktif
All this 3 scenarios looks valid for the moment. 1. ( New 4 y cycle ) Looks like it is in (potential wave 3 (2.618 fib ext. ) or almost top of wave 5 = become bigger wave 1 and i expect 0.618 retrace), but it's very possible that "bigger wave 1" + retarce of wave 2 ( 19500$ area ) was happend.
2. The scenario for an big ABC still in game, will be invalidated if (from wave A to B the move will be : wave C = 1.618 of wave A... BUT if C will be = with wave A, this scenario will be valid)
Nota
Another possible count from LOW to the moment: is leading diagonal + "doubious speculation" about time in the last wave 1 cycle :) look closer for this count:
In theory last wave 5 need to be smaller than wave 3, so can be at any level below 1 to 1 extension of wave 3
JUST do your own resarch... i'm just a guy, watching Yt streams :))
Nota
A little update: the BIG picture - for the moment both screnarios still valid. 1. 4 y new cycle: looks like we are in W 3( blue) in progress, fib extension give a target in 70k-ish area ( this is what EW theory say, if will happend or not, I DON"T KNOW)
2. 0.618 retrace for wave B : like you all see, we are above that retrace zone, BUT, if you are familiar with EW theory ,you know 0.786 fib, it's the next area to watch. + the move from LOW to this moment for that potential ABC , have target in the same area with 0.786 FIB retrace... SO IT"S NOT AN EASY PLAY NOW
Good luck to all and DYOR... DYOR ... DYOR
Nota
Update on RSI : ABC looks done ( I don't move C, I just turn on the LINE )and for the record :) my second entry was 53200$ (bybit) and the price revers at 53216$ :) ( not so funny acctualy, i have that entry since 14 jun. so all the news was in the chart( at that time nobody know, germany, has BTC ,just saying)
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.
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.