After the BTCUSD cryptocurrency price hit the technical support level at $ 12,450 and rebounded slightly from below, $ 11,150, the wave (4) triangle scenario was invalidated. If the increase in volume causes the level of $ 11,150 to be broken again, the next target level for the price is the level of $ 9060.
The market is still in the corrective wave (4), which means that there is still a wave (5) to be done.. Nevertheless, the wave (4) must end first.
Reverse from the level of $ 11,150 and break of the level of $ 12,450 means a longer and more extended horizontal wave correction (4) in progress.
The market is still in the corrective wave (4), which means that there is still a wave (5) to be done.. Nevertheless, the wave (4) must end first.
Reverse from the level of $ 11,150 and break of the level of $ 12,450 means a longer and more extended horizontal wave correction (4) in progress.
Not
Impulsive bullish scenario invalidated. The market still moves in three waves. tradingview.com/chart/CxcPMGzc/
İşlem aktif
The best scenario currently is an alternative count, where the peak of wave 4 is at the level of $ 3,200. From there, BTCUSD will most likely be falling in the form of a 5-wrench (Ending Diagonal) and thus will break the $ 9,151 level.Two inner sub-waves remained to the end of the wedge. The target for falls is the level of $ 8,600.
Not
The market violated the 161% Fibo extension of the wave A at the level of $8,600 and currently is testing the lower trendline dynamic support around the level of $8,000. If this level will not make Bitcoin to bounce towards the level of $9,100 then the next projected target is seen at the level of $6,742. The overall complex corrective cycle looks completed anyway or is very close to termination.İlgili yayınlar
Feragatname
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İlgili yayınlar
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.