BITCOIN bigger picture, A healthy Correction Looming
Hi Traders, You are welcome to my Wave analysis on Bitcoin
BTCUSD has been on the rise with a very strong momentum breaking away past resistance. but at this moment it seems the momentum is failing and we might see a healthy correction
BTCUSD is forming a very nice setup at the top. We are expecting it to complete the ending diagonal to wave 3 and a possible breakout forming a healthy correction to wave 4 before a possible final leg to complete the 5th wave.
Note: This is just my opinion and not a trading Advice
Good Luck
BTCUSD has been on the rise with a very strong momentum breaking away past resistance. but at this moment it seems the momentum is failing and we might see a healthy correction
BTCUSD is forming a very nice setup at the top. We are expecting it to complete the ending diagonal to wave 3 and a possible breakout forming a healthy correction to wave 4 before a possible final leg to complete the 5th wave.
Note: This is just my opinion and not a trading Advice
Good Luck