Bitcoin / TetherUS
Updated

Quick Bitcoin Update (4H)

1 621
The corrective phase of Bitcoin is an expanding triangle/diametric/symmetrical , with wave C completed and now we are inside wave D. This is a bullish D wave.

There is still time remaining for wave D to complete.

We have marked a green box below the price; if the price reaches this area, we can look for long/buy positions.

Look for long/buy positions in the red box, as there are many sell orders placed there.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
The pullback to the green zone has occurred.

This analysis is still valid
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.