BitcoinLong
Here we go…
My previous analysis is still valid.
After reaching wave 3 at 25k, BTCUSD retested to find support in wave 4(A) inside the accumulation zone (blue box) to resume its advance.
Will the bulls be strong to continue this rise to wave 5(D)? :)
**
Any daily(D1) candle close below 17k or making a low below 1 will make this setup fail.
good luck!
After reaching wave 3 at 25k, BTCUSD retested to find support in wave 4(A) inside the accumulation zone (blue box) to resume its advance.
Will the bulls be strong to continue this rise to wave 5(D)? :)
**
Any daily(D1) candle close below 17k or making a low below 1 will make this setup fail.
good luck!
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.