BTCUSD - What is next for coming sessions?
Updated
Hi everyone,
In this video, I review the situation for BTCUSD in 4h and 1h charts (with a peek at the 15min). I also take a look at how to differentiate a motive 5 waves (1-2-3-4-5) versus a regular FLAT (3-3-5) as, in my opinion, many people force 5 waves into any move that looks strong.
I have been analyzing charts in forex and indexes for more than 10 years, recently in cryptocurrency because this is so much fun. I am a full time trader and new to sharing in social media tools such as TradingView and others.
Any comments, good or bad - as long as they respect people-, are much appreciated.
If we reach 10 comments, will do this short video more often.
Take care
Stephane
In this video, I review the situation for BTCUSD in 4h and 1h charts (with a peek at the 15min). I also take a look at how to differentiate a motive 5 waves (1-2-3-4-5) versus a regular FLAT (3-3-5) as, in my opinion, many people force 5 waves into any move that looks strong.
I have been analyzing charts in forex and indexes for more than 10 years, recently in cryptocurrency because this is so much fun. I am a full time trader and new to sharing in social media tools such as TradingView and others.
Any comments, good or bad - as long as they respect people-, are much appreciated.
If we reach 10 comments, will do this short video more often.
Take care
Stephane
Note
- 4:38 "5th is an extended one" should be #5th is an extended wave"- alternative view if we break higher from current level and RSI breaks also higher is that green 2 is in place where we have red -1- on the chart
Sorry for the correction and inconvenience
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