Bitcoin / TetherUS
Short

Correction pattern change for Bitcoin?

257
Hi traders,

Last week Bitcoin went lower and created a bearish Daily FVG.
It looks like the Bears are getting stronger.

So the (orange) B-wave could change into a Triangle and we could see another move up slowly before another drop to break (orange) wave A.

Let's see what the market does and react.

Trade idea: Wait for a small correction up and a bearish change in orderflow on a lower timeframe to trade shorts.

This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
But I react and trade on what I see in the chart, not what I've predicted or expect.

Manage your emotions, trade your edge!

Eduwave

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