BTCUSD is about to get done with the Bump phase and heads to the Run phase.
Happy Trading.
Happy Trading.
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Wave A seems done and wave B has just started. Nota
Wait for wave 5 then long at wedge breakout to catch wave C up. Nota
I think it's ready Nota
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Broke out of the first trend.Nota
The second part of the bear cycle has just started as it broke the triangle Nota
In the last update, I showed the breakout of the triangle and BTC is still going for lower levels since then. As per Elliot waves, that triangle is wave B (abcde) pattern where wave e was short and didn't test the upper band of the triangle. This indicates that the bear cycle is quite strong. BTC is now in Wave C. Nota
Possible retrace Nota
I think the pullback is done. It might resume the down move next week. Nota
It did the retest and reversed as expected. I think 6800 is an area to test next.Nota
I think the coin has completed ABCDE pattern and will start declining targeting new lows. Nota
A fresh low 5500Nota
A major breakout. The coin is heading to 1150 as it appears. Nota
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.