Hello, everyone!
Under the last analysis we have a lot of negaive comments. We predicted dump, but most of traders now obviously want it to go higher and higher. Our analysis is still the same, let's just figure out some additional proofs that
BTC is ready to dump in October.
On the chart we have 1D time frame BTCUSDT. After the impulsive wave 1 Bitcoin has printed the ABC correction to 0.5-0.61 Fibonacci retracement. It was wave 2 which has been already ended. Look at the bearish reversal bar and the MFI state squat. This is the huge reversal signal.
Now we cannot definitely tell if we are in ABC correction or 5 Elliott waves cycle to the downside. Anyway the target 1 Fibonacci extension should be reached in any cause. This is $21500, our first target.
🔥Follow us and never miss the update
Under the last analysis we have a lot of negaive comments. We predicted dump, but most of traders now obviously want it to go higher and higher. Our analysis is still the same, let's just figure out some additional proofs that
BTC is ready to dump in October.On the chart we have 1D time frame BTCUSDT. After the impulsive wave 1 Bitcoin has printed the ABC correction to 0.5-0.61 Fibonacci retracement. It was wave 2 which has been already ended. Look at the bearish reversal bar and the MFI state squat. This is the huge reversal signal.
Now we cannot definitely tell if we are in ABC correction or 5 Elliott waves cycle to the downside. Anyway the target 1 Fibonacci extension should be reached in any cause. This is $21500, our first target.
🔥Follow us and never miss the update
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Trade smarter with:
skyrexio.com
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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。