Hi Traders, You are welcome to my Wave analysis on Bitcoin
BTCUSD has been on the rise with a very strong momentum breaking away past resistance. but at this moment it seems the momentum is failing and we might see a healthy correction
BTCUSD is forming a very nice setup at the top. We are expecting it to complete the ending diagonal to wave 3 and a possible breakout forming a healthy correction to wave 4 before a possible final leg to complete the 5th wave.
Note: This is just my opinion and not a trading Advice
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.