SHORT [DAY TRADING] BTC Elliot Impulse Wave 2 being Ignored?
Updated
BTC was supposed to rally up to the wave 3. However, in the volume, we can notice that there were MASSIVE people selling. Would this make BTC downtrend?
We need buyers inorder to recover the Elliott Impulse wave!! Let's see what happens..
Will update here whether it's just a bear trap or trend reversal.
Ignore this if this turned out to be a bear trap.
We need buyers inorder to recover the Elliott Impulse wave!! Let's see what happens..
Will update here whether it's just a bear trap or trend reversal.
Ignore this if this turned out to be a bear trap.
Comment
In 1 minute chart, it is very close to form a Double Top. Be careful guys. Hope it moves up to the Wave 3.Comment
Double Top seems to be forming. Needs to break out 8.5k.Comment
Wave 3 ignored. It's either a descending triangle or just not a good sign of trend...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.