Hello, Skyrexians!
Last 2 months
BTCUSDT is struggling to continue growing and as we can see most of traders now are sure that bear market has been started already, but this time can be really different and this rally can lasts much longer than usual.
On the weekly time frame we can see that Fractal Trend Detector [Skyrexio] shows the strong bullish phase. Price was not able even to break the green support zone on the indicator. We suppose that the wave from $15k to
73K was just the wave 1 inside global wave 3. After that price retraced almost to 0.5 Fibonacci level and now this is wave 3 in global wave 3. This wave has a target zone between $140k and $200k. Currently price is finishing subwave 2 in wave 3. It looks like a flat correction. So, the target is not so deep, at 0.38 Fibonacci at $86k. From there we expect the huge rally inside the most impulsive wave C.
Best regards,
Skyrexio Team
___________________________________________________________
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Last 2 months
BTCUSDT is struggling to continue growing and as we can see most of traders now are sure that bear market has been started already, but this time can be really different and this rally can lasts much longer than usual.On the weekly time frame we can see that Fractal Trend Detector [Skyrexio] shows the strong bullish phase. Price was not able even to break the green support zone on the indicator. We suppose that the wave from $15k to
73K was just the wave 1 inside global wave 3. After that price retraced almost to 0.5 Fibonacci level and now this is wave 3 in global wave 3. This wave has a target zone between $140k and $200k. Currently price is finishing subwave 2 in wave 3. It looks like a flat correction. So, the target is not so deep, at 0.38 Fibonacci at $86k. From there we expect the huge rally inside the most impulsive wave C.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。