BITCOIN - Long Trade Wave Identification Update...
With a revised wave count, the patterns established overnight indicate a preference for an upward movement.
According to this count, support is identified at $42,656.
If this count holds true, we've likely already validated an upward movement, yet surpassing $43,571 would further bolster confidence.
Anticipate an imminent upward breakout. Initial target set at $48,000, with potential for all-time highs contingent upon the strength of the surge.
According to this count, support is identified at $42,656.
If this count holds true, we've likely already validated an upward movement, yet surpassing $43,571 would further bolster confidence.
Anticipate an imminent upward breakout. Initial target set at $48,000, with potential for all-time highs contingent upon the strength of the surge.
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.