Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
BTC comprehensive analysis
Bitcoin / TetherUS
BTC comprehensive analysis
By rerezz
Follow
Follow
Jul 20, 2022
5
Jul 20, 2022
This is how I see BTC short-med-long term
as you see in the chart above I think BTC is in its 4th wave
mostly reverse around 0.38 fibo =~25700
I put other levels the price could reach
in this chart down, you can see the whole wave + the parallel channel
*
*
In this one, you can see the double-top and his target, reclaiming the nick-line is strongly bullish
*
*
there you can see USDT dominance targets and the potential reverse up to 10%
*
*
also, DXY is still bullish, as I mentioned before his targeting 112
*
conclusion, short-term bullish /mid-term bearish /long-term bullish
that could change if I saw a good move in the chart or if the price reclaimed important resistance like 28600 and 32000
I have other reasons to be bearish ( economic conditions )
boost this idea if you like it
BTC
BTCUSD
Chart Patterns
Trend Analysis
Wave Analysis
rerezz
Follow
Related publications
DXY update
by rerezz
USDT DOMNINANCE
by rerezz
BTC update
by rerezz
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
.