good afternoon,
hate to be the one who breaks this to the bears,
but it's possible a bottom is in (for now).
it may not be "the bottom", but it's a bottom which can last for a couple of months.
---
if this ugly diagonal is at play,
btc is poised to play out an expanded flat for wave 2\b before the rip up comes.
if the expanded flat plays out, that c leg would be very sharp, and it'll be short lived.
if you're bullish, this might be what gets btc out of this range,
if you're bearish, be very careful in the days ahead, and expect the unexpected.
---
ps. there is many different ways of interpreting this count, and there is no confirmation of either bull or bear case for the time being.
all of the cases i present are just ideas - don't use these as trade setups, but rather a map for what might be.
hate to be the one who breaks this to the bears,
but it's possible a bottom is in (for now).
it may not be "the bottom", but it's a bottom which can last for a couple of months.
---
if this ugly diagonal is at play,
btc is poised to play out an expanded flat for wave 2\b before the rip up comes.
if the expanded flat plays out, that c leg would be very sharp, and it'll be short lived.
if you're bullish, this might be what gets btc out of this range,
if you're bearish, be very careful in the days ahead, and expect the unexpected.
---
ps. there is many different ways of interpreting this count, and there is no confirmation of either bull or bear case for the time being.
all of the cases i present are just ideas - don't use these as trade setups, but rather a map for what might be.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.