BTC Bull Porn...
Still plays as long as we stay above 78.6 and the 200 period MA. This is still my preferred count as we never made a retracement deep enough for a clear wave-2 of Wave-5 of WAVE-3. I'm long and HODLing
Trade active
Not out of the Bear woods just yet. Bulls need the pattern of lower highs to break and reverse to a higher low and a higher high. Trading 101. Until then, very reasonable to assume that this 5 wave will finish with a new low. 78.6 and the 100% app below. Still potential for this to stay a Wave-2 until the Wave-4 low is broken...Note
Impulsive wave off the low confirmed. Right to the 61.8. Thanks Algos... Now we wait for the retracement to the 50%.Trade active
Crypto Trading and Education - goo.gl/AUxrWz
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Crypto Trading and Education - goo.gl/AUxrWz
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.