My previous analysis had wave counts/ fibo levels that were not best aligned. I've updated it here.
Please use this as a reference. Important thing is looking for key reversal signals at these key price levels (supports and resistances)
My favorite reversal signals are indicator divergences (RSI/MACD + many others) or volume picking up with strong buy movement.
This is just for educational purposes not a trading advice.
Comment if you have any questions.
Please use this as a reference. Important thing is looking for key reversal signals at these key price levels (supports and resistances)
My favorite reversal signals are indicator divergences (RSI/MACD + many others) or volume picking up with strong buy movement.
This is just for educational purposes not a trading advice.
Comment if you have any questions.
Note
This was my previous analysis - although the fibo levels were drawn wrong, the price action levels held and the general trends were spot on ( bitcoin following my grey arrow scenario and continuing with the red arrow scenario...)
Note
Heres my initial BTC calling the fall before it happened
Note
breakout happened. The bull market might be back. Watching carefully...Note
Following the grey arrow testing 2nd major resistance.Expecting some pull back here then upwards we go
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.
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.