NOT FINANCIAL ADVICE
Structure is forming a very nice counter trending zigzag (5-3-5) formation; wave (4) aka waves ABC.
Currently wave C underway, and we're expecting further impulsive waves to the downside, coupled with some strong divergence signal.
If signal is found AND price touches the region between $25.8k to $26.2k, then we can safely say waves ABC, aka wave (4) achieved.
Until then, we play the waiting game and continue to be patient.
This publish is an update to this previous publish that promoted the rally as a bear-market-rally:
Structure is forming a very nice counter trending zigzag (5-3-5) formation; wave (4) aka waves ABC.
Currently wave C underway, and we're expecting further impulsive waves to the downside, coupled with some strong divergence signal.
If signal is found AND price touches the region between $25.8k to $26.2k, then we can safely say waves ABC, aka wave (4) achieved.
Until then, we play the waiting game and continue to be patient.
This publish is an update to this previous publish that promoted the rally as a bear-market-rally:
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.
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.