Hi all,
I drew the waves as I see them developing from today until well into May, evidently I don't have a crystal ball and evets can change prognoses, but this is how I see things in a general trend.
We completed a short 5 wave up, and are now correcting in an ABC pattern, this pattern wil form a Bull flag, which will lead us into 13000 by Tuesday.
Then we will reset, start a round of profit taking and set up for a new Bullish wave which sould bring us to a new ATH in the month of May.
We'll see how she rolls, the trend is your friend and the BTC trend is Bullish.
Good luck with the trades.
I drew the waves as I see them developing from today until well into May, evidently I don't have a crystal ball and evets can change prognoses, but this is how I see things in a general trend.
We completed a short 5 wave up, and are now correcting in an ABC pattern, this pattern wil form a Bull flag, which will lead us into 13000 by Tuesday.
Then we will reset, start a round of profit taking and set up for a new Bullish wave which sould bring us to a new ATH in the month of May.
We'll see how she rolls, the trend is your friend and the BTC trend is Bullish.
Good luck with the trades.
Note
So far the chart is being followed close to perfection, I probably didn't name the retracement levels correctly, but at least the BTC performance follows the lines I drew.
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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.