(UTC+8) 11.38pm. BTC SHORT TERM:
BTC is currently retracing from the recent dip to $8300. Form the candles pattern, we can see that BTC is zig zaging up a Raising Wedge Channel. The most plausible Targets are $9800, $10200 and if the market is really bullish, we may see it extend to 1.62 of wave 1 +wave 3.. which may top of around $11000.
Currently BTC has completed wave 4 and started of wave 5 with a very bullish candle. As wave 3 is less than 1.62 of wave 1. There would be a very high change that Wave 5 is extended. and can come in a 5 + 5 or 5 + 5 +5 wave pattern
The above target is a good entry for a short, of which we may see BTC dropping back down to around $8200 some time next week.
BTC is currently retracing from the recent dip to $8300. Form the candles pattern, we can see that BTC is zig zaging up a Raising Wedge Channel. The most plausible Targets are $9800, $10200 and if the market is really bullish, we may see it extend to 1.62 of wave 1 +wave 3.. which may top of around $11000.
Currently BTC has completed wave 4 and started of wave 5 with a very bullish candle. As wave 3 is less than 1.62 of wave 1. There would be a very high change that Wave 5 is extended. and can come in a 5 + 5 or 5 + 5 +5 wave pattern
The above target is a good entry for a short, of which we may see BTC dropping back down to around $8200 some time next week.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.