BitcoinLong
$BTCUSD touch on the .786 fib and shoots up 5%
We might actually be in a new impulse wave up
- We should see fairly good strength now, as we are entering wave 3
- Correction ended up touching the .786 fib level. BTC has a good history with .786 fib levels.
- Strong bullish divergence seen
- 5 waves down in wave C is clear. Signals end of correction (Short term at least)
- We should see fairly good strength now, as we are entering wave 3
- Correction ended up touching the .786 fib level. BTC has a good history with .786 fib levels.
- Strong bullish divergence seen
- 5 waves down in wave C is clear. Signals end of correction (Short term at least)
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.