Bitcoin update
Hi guy's it seems that we are making another corrective structure of lesser degree. As you see the short term buy's work out and only if it would be the start I keep it as explained in my previous post. But make no mistake; a new low followed by the bullish reversal is more ideal and therefore something I am definitely looking for.
Note
Bitcoin short term (buy), medium term (sell) outlook:1hr tf; I am looking for a bullish continuation although it is unclear whether wave C is in place yet.
4hr tf; The bullish continuation I am looking for short term is most likely going to complete a corrective structure of larger degree. Once that corrective structure is completed I will be looking for a sell and new low.
Note
Short sell opportunity, after a new low I will be looking for a bullish reversal.
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.
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.