(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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.