BITCOIN: Pullback before another rally?
Hi Traders!
The trend is bullish on the main time frames, but today we will only follow intraday chart (Log Scale). That said, from a technical perspective,
BTC is forming a 12345 bullish impulse structure, and we are currently in wave 3. If our analysis is correct, Bitcoin could trigger a corrective structure (ABC or ABCDE Pattern) in short term before developing another rally. On 1H chart we showed the support area and the potential amplitude of wave 5.
OUR LONG TERM ANALYSIS
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The trend is bullish on the main time frames, but today we will only follow intraday chart (Log Scale). That said, from a technical perspective,
BTC is forming a 12345 bullish impulse structure, and we are currently in wave 3. If our analysis is correct, Bitcoin could trigger a corrective structure (ABC or ABCDE Pattern) in short term before developing another rally. On 1H chart we showed the support area and the potential amplitude of wave 5.OUR LONG TERM ANALYSIS
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註釋
註釋
...still bullish?
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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。