Like I have mentioned yesterday, we should be watching if Bitcoin will break above $9,200 or not.
I said if it does break above, my wave count becomes invalidated.
Unfortunately, it was heavily resisted and got rejected, and thus my wave counts and targets stand still.
That spot was heavy resistance area also because it is where our down trendline passes (orange line).
Those who understand Elliott wave, we are in sub-sub-wave 5 of sub-wave C of wave 4.
Still, if it goes over 9,200, I will change my count as bullish and have to consider current sub-wave 3 of wave 5.
I should say chances are 50 to 50.
I said if it does break above, my wave count becomes invalidated.
Unfortunately, it was heavily resisted and got rejected, and thus my wave counts and targets stand still.
That spot was heavy resistance area also because it is where our down trendline passes (orange line).
Those who understand Elliott wave, we are in sub-sub-wave 5 of sub-wave C of wave 4.
Still, if it goes over 9,200, I will change my count as bullish and have to consider current sub-wave 3 of wave 5.
I should say chances are 50 to 50.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
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트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
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.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
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.