This analysis is an update to the previous one, which you can find in the related analyses section.
Bitcoin, according to the previous analysis, dropped more than 6% and reached the green zone.
However, lower-timeframe candle action, which does not show strong buyer presence, suggests that the price might hunt this demand to gather more orders before moving upward toward the orange zone (see the dashed arrow).
In any case, wave D is not yet complete, and it is expected to finish wave D.
These are liquidity shortage plays and time correction phases, which make trading harder and increase waiting time.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin, according to the previous analysis, dropped more than 6% and reached the green zone.
However, lower-timeframe candle action, which does not show strong buyer presence, suggests that the price might hunt this demand to gather more orders before moving upward toward the orange zone (see the dashed arrow).
In any case, wave D is not yet complete, and it is expected to finish wave D.
These are liquidity shortage plays and time correction phases, which make trading harder and increase waiting time.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
액티브 트레이드
We were expecting a hunt of the bottom green box, and this happened, with the price bouncing back upward.⚠️ We previously mentioned that due to low volume and it being the end of the year, we would experience irrational volatility which you can clearly see in the repeated Bitcoin dump and pump moves over the past few days.
The main condition for Bitcoin to turn bullish is a confirmation above $89,203.
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.