Hello, dear friends!
Most of traders now excited why Bitcoin is dumping and to be honest we also have this concern, but at the current moment of time everything is not so ugly as it seems.
Looking at the 4h BTCUSDT price chart we can see that wave B is about to be finished. Wave A was impulsive, that's why we expect the same behavior from wave C.
Correction should be finished inside the 0.61 Fibonacci zone with the bullish reversal bar. Now we have a chance to see it today.
🔔Smash like button and follow us to never miss update
Most of traders now excited why Bitcoin is dumping and to be honest we also have this concern, but at the current moment of time everything is not so ugly as it seems.
Looking at the 4h BTCUSDT price chart we can see that wave B is about to be finished. Wave A was impulsive, that's why we expect the same behavior from wave C.
Correction should be finished inside the 0.61 Fibonacci zone with the bullish reversal bar. Now we have a chance to see it today.
🔔Smash like button and follow us to never miss update
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Trade smarter with:
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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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
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.