Panjang
SUBBTC - Reverse you must!
SUBBTC is approaching all time low, as long as the technical low is not take out, EW rules for a second wave still apply. Weekly closed into a doji, so expecting one more doji candle this week for a stronger signal of bottom being in. Note that it doesn't necessarily need to make a new low but a 3 wave structure is mandatory.
3D RSI on a triangle squeeze.
3D RSI on a triangle squeeze.
Nota
There is a chance that the correction is over here. Unorthodox but this is crypto.They have been hyping the updates over the past month and they have a live stream with datadash next week.
If you follow both of them you know what that means. Bonus points if you find the connection between very long wicks near ATL and the volume spikes while Bitcoin makes no move.
Take it as it is. Long live crypto manipu.. ehmm hype.
Nota
This can be a complex B before the last wave down. RSI is at overbought but the trend is still up on this time frame.Nota
First target is hit on SUB. Retracement of the 2nd wave is shallow, so we either have an extension on the first wave, or its higher degree first wave its gonna be a big one.Nota
Hit the second target, there are 5 waves up but it may keep going, it doesnt matter, targets were reached.Dagangan ditutup: sasaran tercapai
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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.