Following the bears until this trend line breaks for BTC
This is the wave pattern I am sticking to unless we break to a new high above the trend line (WITH MOMENTUM).
If the price goes above the trend line in divergence to indicators then I am a seller and staying short (false break).
The wave analysis shows 4800 minimum for wave 5 if the bearish trend line holds and the price plays into the forecasted support and resistance. Otherwise, the wave 5 was truncated and I drew it out wrong. No biggie, I will buy a little higher with a guaranteed trend instead of buying here and it drop to $4800.
Questions let me know.
If the price goes above the trend line in divergence to indicators then I am a seller and staying short (false break).
The wave analysis shows 4800 minimum for wave 5 if the bearish trend line holds and the price plays into the forecasted support and resistance. Otherwise, the wave 5 was truncated and I drew it out wrong. No biggie, I will buy a little higher with a guaranteed trend instead of buying here and it drop to $4800.
Questions let me know.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.