WuiYang

Trading Log Day 34: What now?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Been a good rally over the past few days with Bitcoin prices shooting back to 10k after so many months. A short position was taken after the formation of the double top (a relatively strong double top). The uptrend has also completed the 5 wave cycle and is due for a short term retracement indicated by wave ABC, assuming the 9563 to be Point A, we should expect BTC prices to readjust to Point B before another potential downtrend. However, to be wary of the bullish trend looking at the 1d chart. Will update again shortly

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.