The Idea:
-Contrary to trending trade ideas, I believe Bitcoin is a buy.
The Reason:
-My conclusion has been reached solely upon its recent impulsive behavior, followed by a precise Fibonacci correction, which if it holds in the highlighted zone and breaks to the upside, should generally be followed by an impulsive wave to recent highs.
The Technical Correction:
-61.8% retracement of previous impulse leg
-161.8% extension of current corrective move
-100% AB = CD projection of current corrective move
-Contrary to trending trade ideas, I believe Bitcoin is a buy.
The Reason:
-My conclusion has been reached solely upon its recent impulsive behavior, followed by a precise Fibonacci correction, which if it holds in the highlighted zone and breaks to the upside, should generally be followed by an impulsive wave to recent highs.
The Technical Correction:
-61.8% retracement of previous impulse leg
-161.8% extension of current corrective move
-100% AB = CD projection of current corrective move
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.
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.