BTC/USDT BULLISH scenario. Possible Cup and handle in the future
Hi Guys
Time for a more positive approach. Although Im not completely convinced we are in reversal I decided to give BTC a more bullish LONG scenario. This market is depressing enough for those in the reds. In my trades I always try to play both sides and prepare for the worst. So... after my wave analysis I saw that corrective wave C landed in the previous wave 4 zone... textbook right? So with the trend line in place everything became a bit more clearer. Please understand this analysis is based on a lot of what ifs. This is just a possible outcome that I drew to my best knowledge of wave analysis and patterns. If we keep volume and the bulls win this scenario might unfold. I will also try and short the highs n lows on this analysis. Stay tuned!
TA über alles
Time for a more positive approach. Although Im not completely convinced we are in reversal I decided to give BTC a more bullish LONG scenario. This market is depressing enough for those in the reds. In my trades I always try to play both sides and prepare for the worst. So... after my wave analysis I saw that corrective wave C landed in the previous wave 4 zone... textbook right? So with the trend line in place everything became a bit more clearer. Please understand this analysis is based on a lot of what ifs. This is just a possible outcome that I drew to my best knowledge of wave analysis and patterns. If we keep volume and the bulls win this scenario might unfold. I will also try and short the highs n lows on this analysis. Stay tuned!
TA über alles