IN D time frame We see 5 Wave Impus as 1 Or a. we expect Post Pattern ABC ZIG zag as a Increase Correction Will be Happen. It is Just Analize. We WIth fo Complete Wave 5 And see Divergence... I DO NOT Agree Short Position For Wave 5 TP.
I think senario 1: 70% Possibility and Senario 2 30 presents . but Obviously 38500- 39000 Is Important Resistant, This zone is Tp Of wave c of wave 2 in senario 1 and in the past is a praice action Resistance. we can Save Profit in This Zone and wait for Market Decision. Not Financial Advisce.
in 15 Min we can se the impuls wave. we need the post pattern for confirm ( post pattern Like ABC zigzag). if the Pivot Proses complete in 0.618 we expect to see wave 3 or c. be careful the Increase Move maybe pullback or correction movment not new impulsive wave, so you can use trailling stop
It's so dangerous for Bitcoin if price will broken Ema 50 and Neckline Of H&S Pattern. In Weekly we can see Negative Cross Between the KijunSen and TenkanSen. in daily we can see Death Cross (negative cross between MA or Ema 50 & 200). Bear signals dominate the market. Only bullish Signal is OS of Rsi and other oscillator in Weekly and Daily. DXY (Dollar Index)...
Result or our analze. if you want Buy Btc wait for pullback Do not forget to like and comment. Follow us . message your questions Kamoxan. This is not a financial Advice
We expect a 5-wave, of course, after the end of the correction. The main question is, is the correction in a zigzag pattern finished at point C or will we have a correction in a triangle? What is clear is that Bitcoin will move towards targets above 70,000 by breaking the 49,000-50,000 area and its downtrend line.
Btc movment in Fibo Channel... Dont Worry Super Cycle And Mega Trend Is noooot Over
Wait for This coin per Btc Visit our page to see an analysis of other Altcoins. Do not forget to like and comment. Follow us . message your questions Kamoxan. This is not a financial Advice.
ABC ZIgzag Correction ... I am wait for bullish Candel