We are now at a critical point in our analysis. We are almost at the extremes of the parameters where Bitcoin can fall.
Major Waves - Circled waves
Subwaves - Bracketed waves
In our analysis, we are still within the major wave 3 (which is made up of 5 subwaves). We are on the 4th subwave correction, which is an 3-3-5 ABC flat correction. We're anticipating price to stay above the blue structure and start its 5th major wave.
Trade Idea:
- Watch for bullish pressure above 13.5k
- Invalidation level is below 13K
- For further confirmation, watch for the descending trendline to break
- Targets: 64k, 80k and 100k
Goodluck and as always, trade safe!
Major Waves - Circled waves
Subwaves - Bracketed waves
In our analysis, we are still within the major wave 3 (which is made up of 5 subwaves). We are on the 4th subwave correction, which is an 3-3-5 ABC flat correction. We're anticipating price to stay above the blue structure and start its 5th major wave.
Trade Idea:
- Watch for bullish pressure above 13.5k
- Invalidation level is below 13K
- For further confirmation, watch for the descending trendline to break
- Targets: 64k, 80k and 100k
Goodluck and as always, trade safe!
Note
2D ChartNote
See our previous post on Bitcoin 
Note
Boom!Note
Note
New Bitcoin Analysis! 
Note
BITCOIN HEADING BELOW 20K??
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📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
Publications connexes
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Want more breakdowns like this? Links below:
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.