HI
I have decided to talk about BTC with more details because I am sure that these movements and moments will be a critical juncture of next BTC market in the next weeks.
We all expected that BTC continues last impulse wave as its last wave 5 of abc cycle but as usual market surprises all of us and made wave (iv) as an Running Flat and for now BTC is probably making last sub-waves of this flat and then will start its last wave (v).
If my analysis is correct so we can see this wave (v) as an Ending Diagonal ( Maybe) to take time for other projects to be ready for BIG CRASH.
But if this is wrong so we should see downtrend breakouts of in validation level.
I suggest wait for Sell and ignore this Buy trade for wave (v).
Be safe and Happy
I have decided to talk about BTC with more details because I am sure that these movements and moments will be a critical juncture of next BTC market in the next weeks.
We all expected that BTC continues last impulse wave as its last wave 5 of abc cycle but as usual market surprises all of us and made wave (iv) as an Running Flat and for now BTC is probably making last sub-waves of this flat and then will start its last wave (v).
If my analysis is correct so we can see this wave (v) as an Ending Diagonal ( Maybe) to take time for other projects to be ready for BIG CRASH.
But if this is wrong so we should see downtrend breakouts of in validation level.
I suggest wait for Sell and ignore this Buy trade for wave (v).
Be safe and Happy
Note
Hello Hello It seems that BTC is respecting to our ABC Channeling and its price closed in 49,000 (same as we designed its PRZ) and also with a beautiful weekly pin bar
in the level of 61.8 Fibonacci (Arithmetic Scale) and now it is pressing down the chart with an impulse wave.
BUT BUT BUT do not rush to trade my friends.
I will wave to get enough confirmation for its reversal and my significant confirmation is to break (down) out the level of last wave 4 (40,000 price).
So I strongly recommend to wait and see that market till give you its reliable word.
Be Safe and Happy.
Bye now
Note
Hi friends Please follow me in my another account because this one has been hacked twice.
I promise you all that we will have great analysis in most of markets.
Account Name: AMA_FX
Thanks
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.