BitcoinLong
BTC in corrective mode
BTC has been correcting its rise from 4000 since a few days now. This sideways is showing a textbook pattern according to Elliott wave principles. Odds favor one last push down, probably towards the 4700 level, before the underlying uptrend resume.
Momentum is high, here again a textbook situation for a third wave as noted by a purple circled iii and RSI back from overbought territory.
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Momentum is high, here again a textbook situation for a third wave as noted by a purple circled iii and RSI back from overbought territory.
The TTH team is pleased to announce the grand opening of its Slack team. You will share trading ideas with our community, improve your trading skills, benefit from live intraday technical analysis and strategies. Video sessions with TA teaching and concrete cases are on the agenda too.
Welcome bonus with a free trial
Link to the : Slack team
If you want a preview of our analyses,
follow us on Twitter
follow us on : Facebook
follow us on : LinkedIn
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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.
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.