BitcoinLong
BTCUSD Finally Up?
Updated
Hello traders.
BTCUSD is still in the corrective phase and in the downtrend, but I believe blue Y wave is over. I don't think this will be the case, but there is a chance for Z wave after a same size correction with the previous X wave.
I'm waiting for a correction in 1H to buy some Bitcoin. Please take a look at the related idea for detailed analysis.
BTCUSD is still in the corrective phase and in the downtrend, but I believe blue Y wave is over. I don't think this will be the case, but there is a chance for Z wave after a same size correction with the previous X wave.
I'm waiting for a correction in 1H to buy some Bitcoin. Please take a look at the related idea for detailed analysis.
Note
Nice up move and I hope it will keep going up. But the structure can still be X wave.Note
I sincerely hope it will keep going up. But the structure can still be X wave. In this case, it will come down and bounce back from any price between 2 white lines. If it makes a correction, I think it will be a very good sign for more upside (yellow arrows). More upside doesn't mean totally up. For more details, please check the related idea. 
Related publications
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.