Hello, Skyrexians!
The anticipated move has happened,
BTCUSDT has retested the recent low and its dominance continues growing, alts are bleeding. When this nightmare will be finished and do we have any chance to see the reversal now?
Let's take a look at the daily time frame. As we pointed out earlier Bitcoin has printed wave 1 inside larger degree wave 3 and after that dropped in the wave 2. We have already told you 2 times that correction is over when price was next to $77-78, but multiple retests are not forbidden. 0.61 Fibonacci zone is the place where correction can be finished, so it can dump up to $73k. Two facts we need to rely on to find the correction bottom are: bullish divergent bar and the first green column on Awesome oscillator in conjunction with the divergence.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
The anticipated move has happened,
BTCUSDT has retested the recent low and its dominance continues growing, alts are bleeding. When this nightmare will be finished and do we have any chance to see the reversal now?Let's take a look at the daily time frame. As we pointed out earlier Bitcoin has printed wave 1 inside larger degree wave 3 and after that dropped in the wave 2. We have already told you 2 times that correction is over when price was next to $77-78, but multiple retests are not forbidden. 0.61 Fibonacci zone is the place where correction can be finished, so it can dump up to $73k. Two facts we need to rely on to find the correction bottom are: bullish divergent bar and the first green column on Awesome oscillator in conjunction with the divergence.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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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
相關出版品
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。