Hi everyone
I have edited the medium-term of wave levels in accordance with the current realities of price dynamics.
It is likely that the price has completed the downward momentum within wave C of wave B in the flat correction model.
At the moment, wave 1 (waves C in wave 4) has formed in the form of a wedge pattern, breaking through the high of which will lead to a bullish rally.
As a result, the bullish rally could end between $25,000 and $29,000.
I will be open a long position on a local correction, and also increase the volume of the position when the top of the wedge is broken.
Best Regards,
CEO Tornado Capital
I have edited the medium-term of wave levels in accordance with the current realities of price dynamics.
It is likely that the price has completed the downward momentum within wave C of wave B in the flat correction model.
At the moment, wave 1 (waves C in wave 4) has formed in the form of a wedge pattern, breaking through the high of which will lead to a bullish rally.
As a result, the bullish rally could end between $25,000 and $29,000.
I will be open a long position on a local correction, and also increase the volume of the position when the top of the wedge is broken.
Best Regards,
CEO Tornado Capital
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.