Long

BTCUSD Main Trend Update: New Records Are Yet To Come

Updated

According to my wave model, the market formed an interim top @2760 as the conclusion to wave . This means another strong wave up is due to come, which will set new all-time highs. The corrective wave may have been formed with peak @1850. Actually, we can't be sure at this point, as this correction segement may be more complex. A decisive daily close above 2320 would favor more buys in the short term.

Note

Minimum requirement for wave /5/ is met. Next strong fib resistance @3057.

Nickonomics

Сервис: NixService.net
Telegram: t.me/NixTrading
Бот: t.me/NixJunior_bot

Also on:

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.