Hello, everyone!
On the Bitcoin price chart we can see that bearish reversal bar and bearish divergence have been formed, but I consider it's not enough for the final wave 5.
Of course, Awesome Oscillator crossed the zero line, but this is too weak crossover to form the wave 4. I suppose we have to see more consolidation in the wave 4. Bearish reversal bar in my opinion is the top of the wave 5 inside wave 3. Therefore I am still holding my long trade and waiting for the wave 5.
Best regards, Ivan
On the Bitcoin price chart we can see that bearish reversal bar and bearish divergence have been formed, but I consider it's not enough for the final wave 5.
Of course, Awesome Oscillator crossed the zero line, but this is too weak crossover to form the wave 4. I suppose we have to see more consolidation in the wave 4. Bearish reversal bar in my opinion is the top of the wave 5 inside wave 3. Therefore I am still holding my long trade and waiting for the wave 5.
Best regards, Ivan
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Claim up to 600 USDT in welcome rewards & compete for a share of 5,000 USDT in BitMart Futures Contest!
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
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.