Hello, everyone!
Yesterday's pump which was caused by fake ETF approval news shocked almost everybody. As you know I thought that it was time to go to $21500, but when price stopped at $26700 and started forming consolidation I decided that another one push up is likele and wave 2 is a complex reactive wave.
Now we can see on the BTCUSDT chart that dramatically nothing changed, it was just a wave C which was not able to close the daily candle above 0.61 Fibonacci retracement level. Therefore, our main scenario is still actual. Expecting moreconsolidation and huge dump in wave 3. Be patient!
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Yesterday's pump which was caused by fake ETF approval news shocked almost everybody. As you know I thought that it was time to go to $21500, but when price stopped at $26700 and started forming consolidation I decided that another one push up is likele and wave 2 is a complex reactive wave.
Now we can see on the BTCUSDT chart that dramatically nothing changed, it was just a wave C which was not able to close the daily candle above 0.61 Fibonacci retracement level. Therefore, our main scenario is still actual. Expecting moreconsolidation and huge dump in wave 3. Be patient!
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Disclaimer
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Claim up to 600 USDT in welcome rewards & compete for a share of 5,000 USDT in BitMart Futures Contest!
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
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.