Hi Guys
Time for a more positive approach. Although Im not completely convinced we are in reversal I decided to give BTC a more bullish LONG scenario. This market is depressing enough for those in the reds. In my trades I always try to play both sides and prepare for the worst. So... after my wave analysis I saw that corrective wave C landed in the previous wave 4 zone... textbook right? So with the trend line in place everything became a bit more clearer. Please understand this analysis is based on a lot of what ifs. This is just a possible outcome that I drew to my best knowledge of wave analysis and patterns. If we keep volume and the bulls win this scenario might unfold. I will also try and short the highs n lows on this analysis. Stay tuned!
TA über alles
Time for a more positive approach. Although Im not completely convinced we are in reversal I decided to give BTC a more bullish LONG scenario. This market is depressing enough for those in the reds. In my trades I always try to play both sides and prepare for the worst. So... after my wave analysis I saw that corrective wave C landed in the previous wave 4 zone... textbook right? So with the trend line in place everything became a bit more clearer. Please understand this analysis is based on a lot of what ifs. This is just a possible outcome that I drew to my best knowledge of wave analysis and patterns. If we keep volume and the bulls win this scenario might unfold. I will also try and short the highs n lows on this analysis. Stay tuned!
TA über alles
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.