BTC is at a deciding point. We see a 5 waves complete of the impulse. However it is not yet dumping, we may have an extended wave 5.
The top chart is the bull case, if we break the ascending triangle now. next resistance 51 000 - 54 000USD for exit.
The middle chart is bearish case, if we dont break this high, we are going for a 1 week of short term correction. We are still bullish med term if 45 000USD holds.
The bottom chart is neutral where we move side ways more until we decide what the outcome is. This will remain within the triangle pattern .
Please note the above are 15mins timeframe and very short term (one day max).
Not a financial advisor.
The top chart is the bull case, if we break the ascending triangle now. next resistance 51 000 - 54 000USD for exit.
The middle chart is bearish case, if we dont break this high, we are going for a 1 week of short term correction. We are still bullish med term if 45 000USD holds.
The bottom chart is neutral where we move side ways more until we decide what the outcome is. This will remain within the triangle pattern .
Please note the above are 15mins timeframe and very short term (one day max).
Not a financial advisor.
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