This is my Technical Analysis using suport & resistance, rsi, fib retrace to add more confluence if its bullish & bearish I will use Fundamental Analysis
I just wanna share my thoughts/ technical analysis on BTC right now.
I will also do fundamental for more confirmation if its going down or to moon.
REMINDER:
Always do your own research and this is just my own perspective
As you can see the wave 2 just got completed, what do you guys think the next move? For me it will go to the moon the market is still bullish but the price action is bearish. Lets wait for confirmation to go long. Always use risk management when trading, do not fomo, do not be greedy and happy Trading everyone
As you can see we are coming to WAVE 2 at 42000 - 41000 ( 1Day Timeframe) base on my Elliott wave analysis. Once its completed dont buy long immediately, always wait for a choch "Change of Character" inside of little timeframe ( 5mins to 30mins ).
This is just my analysis, always trade at your own risk.
As you can see in my chart the wave 2 of elliot wave got completed. Lets wait for the price action and confirmation before to buy long. This is just my technical analysis I am not an expert.
Just wanted to share my ideas 💡
This is just my technical analysis using Elliott Wave with trendline, support & resistance, I just wanna share. I am still learning and mastering the strategy so bear with me 😊 The market is bullish.
There's a imbalance that need to be fill. In 4H timeframe there's an oversold I used RSI indicator so it means it's going to be bearish. In 1H there's a bearish divergence
