Hello, community!
Today we prepared a very important analysis on
BTC
. The huge evidence was found that BTC could already start it's bearish phase. Earlier we had some doubts that it can set the new higher high at $32500, but today recounted waves and there are the bad news for bulls.
On the 4h BTCUSDT chart we can see the potential first downside impulse which consists of 5 waves. This is not clear impulse because wave 3 is too big, but divergence with the Awesome Oscillator gave me the hint that it could be waves 3 and 5.
Now Bitcoin is printing potential wave 2 which in my opinion should retest the $30600 - Fibonacci 0.61 before dump. Moreover we can see a lot of liquidity above the trendline. We consider the wave 2 represented as an ABC zigzag and now wave C is anticipated. After that bears will take control for the next half of a year.
Best regards, Skyrex team
__________________________________________________________
🔥Please, follow us and smash the rocket🚀 button to support us🔥
Today we prepared a very important analysis on
BTC
. The huge evidence was found that BTC could already start it's bearish phase. Earlier we had some doubts that it can set the new higher high at $32500, but today recounted waves and there are the bad news for bulls. On the 4h BTCUSDT chart we can see the potential first downside impulse which consists of 5 waves. This is not clear impulse because wave 3 is too big, but divergence with the Awesome Oscillator gave me the hint that it could be waves 3 and 5.
Now Bitcoin is printing potential wave 2 which in my opinion should retest the $30600 - Fibonacci 0.61 before dump. Moreover we can see a lot of liquidity above the trendline. We consider the wave 2 represented as an ABC zigzag and now wave C is anticipated. After that bears will take control for the next half of a year.
Best regards, Skyrex team
__________________________________________________________
🔥Please, follow us and smash the rocket🚀 button to support us🔥
Skyrex.io is an AI-powered platform designed to make professional-level cryptocurrency trading effortless and accessible for everyone
Access free SmartTrade terminal and automated AI bot at app.skyrex.io
Access free SmartTrade terminal and automated AI bot at app.skyrex.io
