AmazinRaisin

A Bullish Thought

COINBASE:BTCUSD   Bitcoin
Could this still be wave 4 and BTC is in the sub wave C part? The first sign I'm skeptical of it going down a lot is the golden cross just happened on the 4 hr time frame. This means the 50 EMA crosses above the 200 EMA. Also, Look at wave 2. It looks very similar to whats going on right now. I did a FIB extension and it went up to .5 on the B wave then dropped. This is the same thing that happened in wave 4. I did a FIB retracement and with wave 2 bottomed at the .382. If this road map is correct then the bottom of the C wave would be around 10297 which is also in conjunction with the 50 and 200 EMA. These will act as support too. Best of luck trading!
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.