Bitcoin is really bearish at this moment. We have had a massive crash recently, and this is not looking good. My technical analysis suggests that we have completed the impulse wave (3) and are in a corrective phase wave (4). This corrective phase should end at 36 600 USDT, and then I am expecting another pump to reach 48 500 USDT.
On the chart, you can see a symmetrical triangle, and the price went above it; unfortunately, it was a false breakout / fakeout. Usually, what happens after such an event is that prices reverse and go in the opposite direction. Triangles are usually marketed as wave (4) from the Elliott Wave perspective.
36,600 is a strong support because it is in the middle of the previous consolidation. Also, this is the first major swing low, right before the previous pump. There is definitely a lot of liquidity, which is a magnet for whales.
Let me know what you think about it, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades.
On the chart, you can see a symmetrical triangle, and the price went above it; unfortunately, it was a false breakout / fakeout. Usually, what happens after such an event is that prices reverse and go in the opposite direction. Triangles are usually marketed as wave (4) from the Elliott Wave perspective.
36,600 is a strong support because it is in the middle of the previous consolidation. Also, this is the first major swing low, right before the previous pump. There is definitely a lot of liquidity, which is a magnet for whales.
Let me know what you think about it, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades.
註釋
I hope you are ready for the crash. The price went below the triangle, which is a bad sign.
💡Join my VIP group (signals, my trades)
xanrox.org/premium
✅Trade crypto here, all countries, get VIP3 and 30% fees discount, no KYC
bitunix.com/register?vipCode=xanrox
✅Trade gold and forex here
vtm.pro/IN3yiy
xanrox.org/premium
✅Trade crypto here, all countries, get VIP3 and 30% fees discount, no KYC
bitunix.com/register?vipCode=xanrox
✅Trade gold and forex here
vtm.pro/IN3yiy
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。
💡Join my VIP group (signals, my trades)
xanrox.org/premium
✅Trade crypto here, all countries, get VIP3 and 30% fees discount, no KYC
bitunix.com/register?vipCode=xanrox
✅Trade gold and forex here
vtm.pro/IN3yiy
xanrox.org/premium
✅Trade crypto here, all countries, get VIP3 and 30% fees discount, no KYC
bitunix.com/register?vipCode=xanrox
✅Trade gold and forex here
vtm.pro/IN3yiy
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。