Bitcoin is currently in another impulsive move higher. We can look for corrections to jump on this impulse which could potentially reach the 52K level.
We're looking for a pullback to around the 38.2 fibonacci (around the 46K level) where we will be looking for reversal patterns on lower timeframe such as descending wedges or double bottoms.
From the daily chart we can see that Bitcoin makes really clear corrections and impulses. Lets not miss this next move!
We're looking for a pullback to around the 38.2 fibonacci (around the 46K level) where we will be looking for reversal patterns on lower timeframe such as descending wedges or double bottoms.
From the daily chart we can see that Bitcoin makes really clear corrections and impulses. Lets not miss this next move!
Note
4H 
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🥃 Crypto Signals Since 2017 🥃
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📈 Signals/Algos altsignals.io/join 📈
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.