BTCUSD to around 2,5k
1) EW count is not complete.
2) RSI- bearish divergence
We will most likely fall to around 2,5k where we find very strong support. Let's see how the market reacts when waves are finished.
Until then,
//P
2) RSI- bearish divergence
We will most likely fall to around 2,5k where we find very strong support. Let's see how the market reacts when waves are finished.
Until then,
//P
Catatan
EW count 2->4 is a 1:1 Fibonacci extension. Thereby target of aprox. 2,5KWe might get a strong bounce at 3k where we find very strong support.
The bulls will be fighting very hard to change market direction. We will probably make one leg up (i.e. bull trap)
However I believe it's too soon to reverse the trend completely. It's still rather profitable to short, and shorts are in power.
//P
Order dibatalkan
Obviously EW count was incorrect
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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.