I believe that Bitcoin is due for a correction and that the end of wave 3 is near.
Bearish divergence on Daily RSI
We are the highest weekly/monthly RSI level that has ever been seen
I think that we will stay within the bounds of the long term pitchfork, and may possibly see $1300 as there is very strong weekly support there.
I am confident that we will see somewhere between $1827 and $1477 as these are long term fib levels. My fib begins at 0.01 low.
At the end of wave 4, we will have a very nice buy opportunity for wave 5, which will be onwards to a new Bitcoin all time high :)
Bearish divergence on Daily RSI
We are the highest weekly/monthly RSI level that has ever been seen
I think that we will stay within the bounds of the long term pitchfork, and may possibly see $1300 as there is very strong weekly support there.
I am confident that we will see somewhere between $1827 and $1477 as these are long term fib levels. My fib begins at 0.01 low.
At the end of wave 4, we will have a very nice buy opportunity for wave 5, which will be onwards to a new Bitcoin all time high :)
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.