After BTC escaped the Curve at the price of $35xx, to increase and stop at $39xx, BTC continued to move sideways.
At this time, Buy Volume still showes excitement and there is no sign of decline
BTC goes sideways and forms a Triangle pattern in a smaller time frame (will be updated in the H1 frame chart) showing the corrective wave (Elliott), ending the corrective wave, the main wave will continue.
This main wave will decide whether the buy volume is strong enough to increase sharply or just stop at Target 3 - 440XX
Only when the BTC exceeds the strong resistance of $42xx- $43xx, can we hope for a bright tomorrow for BTC
We will continue to update the market
Click FOLLOW for the latest updates !!
At this time, Buy Volume still showes excitement and there is no sign of decline
BTC goes sideways and forms a Triangle pattern in a smaller time frame (will be updated in the H1 frame chart) showing the corrective wave (Elliott), ending the corrective wave, the main wave will continue.
This main wave will decide whether the buy volume is strong enough to increase sharply or just stop at Target 3 - 440XX
Only when the BTC exceeds the strong resistance of $42xx- $43xx, can we hope for a bright tomorrow for BTC
We will continue to update the market
Click FOLLOW for the latest updates !!
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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.
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.