BTCUSD UPDATE - Remaining Cautious
SO BTC did break through the smaller upward channel. Color me impressed!
Good signs for a expanding triangle, which is nearly topped for now. Coincides with a previous 14k top, so heavy resistance here. BTC may need some time to regroup.
There is still one wave up to go if it follows through with mr elliot, so i'm remaining on the fence. It still feels too early for parabolia though??
Good signs for a expanding triangle, which is nearly topped for now. Coincides with a previous 14k top, so heavy resistance here. BTC may need some time to regroup.
There is still one wave up to go if it follows through with mr elliot, so i'm remaining on the fence. It still feels too early for parabolia though??
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.