📊#BTC rally probability increases📈

18 Apr 2024

🧠We did not continue downward after falling below the previous low, but instead experienced a strong rebound. From the perspective of wave theory, the cycle of the wave has changed, indicating that Wave 5 may have ended.

➡️From a graphical perspective, if you want to continue to fall, you need to form a descending triangle here, otherwise it will be difficult to fall further.

➡️So I think the possibility of a reversal from here is relatively high, because we are still consolidating in the buying zone. If we build a long structure here, we can try to go long.

Let's see👀
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19 Apr 2024

Catatan

We failed to break through the resistance line and continued to fall below the previous low, which means that the downward trend will continue, so please be cautious in the bullish call.