Following on from our last Bitcoin update, here’s how the structure is currently developing.
Structure
- Higher timeframe: Wave 5 in progress, forming an ending diagonal
- Current wave: Wave 4 correction (W-X-Y), currently in wave Y
- Pattern / formation: Corrective pullback within a larger wave-5 advance
Bias
- Directional bias: Bullish
- Invalidation level: Loss of structure / failure to hold the buy zone
Focus
- What we are waiting for: Price to move into the buy zone, where we’ll look for lower-timeframe reversal confirmation (trendline break, impulsive reclaim, or momentum shift) to position for wave-5 continuation
Targets
- Primary targets: 125k, 150k
- Extended target: Hold a runner toward 200k
Structure
- Higher timeframe: Wave 5 in progress, forming an ending diagonal
- Current wave: Wave 4 correction (W-X-Y), currently in wave Y
- Pattern / formation: Corrective pullback within a larger wave-5 advance
Bias
- Directional bias: Bullish
- Invalidation level: Loss of structure / failure to hold the buy zone
Focus
- What we are waiting for: Price to move into the buy zone, where we’ll look for lower-timeframe reversal confirmation (trendline break, impulsive reclaim, or momentum shift) to position for wave-5 continuation
Targets
- Primary targets: 125k, 150k
- Extended target: Hold a runner toward 200k
Want more breakdowns like this? Links below:
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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
Pubblicazioni correlate
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.