i think the wave "d" has not yet been completed
after a couple of sub waves in these areas, I expect Bitcoin to break out $ 8474 resistance. tp marked in chart
after this i looking for new pattern to "d" wave, but for now there is no pattern visible
as always, I will update the chart
after a couple of sub waves in these areas, I expect Bitcoin to break out $ 8474 resistance. tp marked in chart
after this i looking for new pattern to "d" wave, but for now there is no pattern visible
as always, I will update the chart
Note
so many people ask me that you think uptrend will continue?your answer is: NO! i didn't mean that
btc will correct in "E" wave as i drew in chart, when after the "D" wave complete
right now btc can range between 8474_6900, while is in big "D" wave
but i think bitcoin can still break out 8474 $ resistance one more time, and it is final destination for it.
after all of this i will update chart...
comment me your opinion
Note
The 'E' wave structure to reach $ 7,400, is a long-term positionwhen bitcoin reaches its targets, Altcoins can continue their uptrend
i'll update it ...
Trade closed: target reached
well doneDisclaimer
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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.