BTC SCENARIO..
Updated
This is my idea... based on what i see on chart..
Maybe I'm wrong, Maybe I'm right.. time will show..
I don't explain it in words..
Look at the pictures and figure out by yourself..
Maybe I'm wrong, Maybe I'm right.. time will show..
I don't explain it in words..
Look at the pictures and figure out by yourself..
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Sorry the last pic was cutted.. this is correct..Comment
It's always difficult to understand BTC, often different Indicators shows opposite resolutions.. so we have to valuate the weight of different indications and decide which is most relevant..Comment
The yellow 50 EMA now is acting as a resistance.. I don't think price will broke it so probably in the next 50 min BTC will dump, and the candle will close whit a correct lenght..Comment
Volume Bearish divergenceComment
However i need to say that the triangles I've draw are wrong..I've started studying Elliot Wave right in this days, sorry for my mistake..
Here a study i'm doing now, I think this it's less scketchy..
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