- π’ < Simple IDEA >
Now~
Bitcoin can see many waves.
Importantly, every wave is approaching a Bitcoin HighPoint.
We must make a profit.
- π’ < Elaborate IDEA >
Personally, I see the Diagonal as a top priority.
It is expected that a short-term high point of bitcoin will be created along with 3rd Halving.
It is irrelevant to interpret the details differently. The target price is the same.
Three Drive Pattern
Harmonic Pattern
π However, Bitcoin's rise could be interpreted as Corretive-Wave.
Middle-Wave is interpreted as Double and Triple as it is interpreted as a Regular or Triangle.
The target price is the same.
Corretive-Wave risks continuing Down-Trend.
Bitcoin $4,000, $3,000... Maybe check $2,000.
I hope Diagonal!!!!! π
π We must keep in mind.
Now Short is the Reverse.
Short better to First wave flipping.
Short Swing needs to be checked for Retest.
If Retest continues to fail, then it's the Big Short Time.
Because Bullish of Bitcoin is explosive.
Bitcoin often reverses everyone's thoughts.
If you look at the 2018 Bitcoin Bullish,
After collecting EMA --> Break Out --> Made a very continuous Rise.
Bitcoin's historic Bullish had a sentiment toward a common Fib.
Too positive?
But no one knows the future.
We should always be prepared for Market.
I'll take a positive view of Bitcoin if NASDAQ and MajorAltcoins continue to rise.
π Simply, We need to make a Profit on the $8,000 section and be careful about the Reverse Trend.
Good luck! π
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Red, Green 1W ema
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weak reliability