Fundamental Insight:
As the whole world await the outcome of ETF proposal submitted to SEC for approval, if ETF got approval it will surely take BTC back to the moon and surpass the all time high.
But if ETF did not go through and got reject, that will cause massive fallout for BTC and that will possibly take us back to new low, talking of 2500-3000$ area.
Fingers crossed as we hope for the best.
Technical Analysis:
BTC trading near trendline and this will be third attempt on this same trendline, the first and second tests occurred at March 5th, 2018 and May 5th, 2018 consecutively.
EW Analysis:
From the last ATH (19,985$) price drop to test present low at 5724$ which I believe its will be our yearly low if all goes well.
We started counting impulsive waves from the low 5724$.
As the whole world await the outcome of ETF proposal submitted to SEC for approval, if ETF got approval it will surely take BTC back to the moon and surpass the all time high.
But if ETF did not go through and got reject, that will cause massive fallout for BTC and that will possibly take us back to new low, talking of 2500-3000$ area.
Fingers crossed as we hope for the best.
Technical Analysis:
BTC trading near trendline and this will be third attempt on this same trendline, the first and second tests occurred at March 5th, 2018 and May 5th, 2018 consecutively.
EW Analysis:
From the last ATH (19,985$) price drop to test present low at 5724$ which I believe its will be our yearly low if all goes well.
We started counting impulsive waves from the low 5724$.
Dagangan aktif
Price touched 7800 zone let wait for divergence confirmation.📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
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📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Penerbitan berkaitan
Penafian
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.