BitcoinUpdated BTCUSD
Based on the structure of current wave from 33 till now
We are going to 43-44 demand zone
Then 51-52 supply zone
And there will be the end of wave 1 of 5 or A of ABC
Then we will drop to 34-38 and there will be either 2 or B
Based on the next move we can restructure the waves numerous
That will be failed if we close daily frame above 53
Best of luck
We are going to 43-44 demand zone
Then 51-52 supply zone
And there will be the end of wave 1 of 5 or A of ABC
Then we will drop to 34-38 and there will be either 2 or B
Based on the next move we can restructure the waves numerous
That will be failed if we close daily frame above 53
Best of luck
Order cancelled
The scenario is failed The expectation was going up in 5 waves but it looks that was a correction ABC
So, awaiting the price in the 38 area to c the action and predict it from there .
But in general for me it is a LD wave as Wave 1 from the bottom till now
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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.