Two bullish scenarios for Bitcoin
Updated
Bullish Wolfe waves formed on LTF Bitcoin charts. 5th wave was a clean liquidity grab.
I see two possible scenarios now; we either move up now and target the first green line, or we dip again and grab more liquidity (which is more probable and more favourable imo) to fuel for a bigger leg to the upside to target the second green line.
What are your thoughts?
I see two possible scenarios now; we either move up now and target the first green line, or we dip again and grab more liquidity (which is more probable and more favourable imo) to fuel for a bigger leg to the upside to target the second green line.
What are your thoughts?
Comment
Booked some profits from my leveraged positions at $24,000.00 and moved my stop loss to breakeven.Comment
A sweep of the low (between the two marked liquidity zones) could be very possible.Trade active
Never got invalidated, never went below my golden criss cross. Still bullish.
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.