Love it or hate it...Bitcoin's price chart suggests a better buying opportunity may be on the horizon.
The position of this triangle and the tap of the upper price channel line suggests this market is poised for a correction.
Most of the time when a double zigzag like this appears to start a new trend, the entire pattern is completely retraced. Be on the lookout for a push below 10k.
If Bitcoin is successful in moving below 10k, then that will offer up a better price to buy.
The position of this triangle and the tap of the upper price channel line suggests this market is poised for a correction.
Most of the time when a double zigzag like this appears to start a new trend, the entire pattern is completely retraced. Be on the lookout for a push below 10k.
If Bitcoin is successful in moving below 10k, then that will offer up a better price to buy.
Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
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.
Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
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.