Bitcoin broke out of wave 4 triangular consolidation.
Both trend channel and wave count hints at higher levels.
I put the white rectangle to highlight the target area in the 11788-13193 range.
Upside of the uptrend is also within that rectangle zone.
Invalidation below 9517 (wave E of wave (4) end).
Both trend channel and wave count hints at higher levels.
I put the white rectangle to highlight the target area in the 11788-13193 range.
Upside of the uptrend is also within that rectangle zone.
Invalidation below 9517 (wave E of wave (4) end).
Trade closed: target reached
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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.