welcome everybody
We will try to know the next price movement
Bitcoin price decreased by 11% in the last 3 days. The last resistance the price hit was at 1OOOO$ , which represents strong resistance areas
What then ?
If the bitcoin price maintains the 8500 price, then we will witness another bullish wave to try to break the 1OOOO$ resistance
A model we can see , Triangle completing the trend
We will try to know the next price movement
Bitcoin price decreased by 11% in the last 3 days. The last resistance the price hit was at 1OOOO$ , which represents strong resistance areas
What then ?
If the bitcoin price maintains the 8500 price, then we will witness another bullish wave to try to break the 1OOOO$ resistance
A model we can see , Triangle completing the trend
Note
elliott waves : Wave 5 is not complete yet Trade active
Prices are still very positive , we expect a move in this way in the coming daysThe most important thing is to keep the price above 8800$
Trade closed: target reached
Trade closed manually
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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.
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.