Hi everyone, Bitcoin Tests $ 40,700 Level as Russia-Ukraine Tensions Weigh ***
In today’s market, Five waves move still happen in the market, but (due to Russia-Ukraine Tensions) market can keep moving in a corrective structure.
Technical Analysis Section:
it's not yet clear whether the decline is of a short term nature or something more (ABC), But:
Scenario No. 1 (Personally- Five waves move):
Scenario No. 2 (Three waves move- corrective structure):
*** Personally: The U.S. does not start fights. They (Russia and the U.S. over Ukraine) maintain their strength, in order to maintain peace.
Note
Scenario No. 2 (Three waves move- corrective structure):
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Related publications
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.