BTC about to break down ascending triangle!
IF BTC continues downward from current 46600 zone, it will soon break the ascending triangle.
A measured move down will be the height of the triangle, which also coincides with a measured square range down to 40k-41k zone as I mentioned several times in previous posts.
This will happen very fast & I think dip_buyers will come quickly in this demand zone.
The ABC down move may be near completion ending wave 4. Wave 5 to start after that.
I am bearish to neutral in the short term but very bullish on the long term.
Happy Holidays everyone!
This is not financial advice.
A measured move down will be the height of the triangle, which also coincides with a measured square range down to 40k-41k zone as I mentioned several times in previous posts.
This will happen very fast & I think dip_buyers will come quickly in this demand zone.
The ABC down move may be near completion ending wave 4. Wave 5 to start after that.
I am bearish to neutral in the short term but very bullish on the long term.
Happy Holidays everyone!
This is not financial advice.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。