TradingTie

Bitcoin - 10 Days Ahead Swing Trade - 31 March 2022

Pembelian
BITSTAMP:BTCUSD   Bitcoin
BTCUSD correcting as expected. In the next couple of hours, the price will reach a region of $45'000 and will find strong support. In the past weeks, there was a wedging consolidation, which connected two major waves - wave 4 with wave 5. I think wave 5 by Elliot Wave Theory started and there is a huge probability for a strong quarter and reaching levels even above $100'000.

In short term coming uptrend is confirmed by:

- On 1-hour time frame correction is Zig-Zag
- Dynamic support trendline on 1 hour TF
- Tests of previous swing highs
- Confirmed price action from daily & weekly

If you have any questions related to this trading idea I will be happy to provide you with answers.



Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.