BTC don't ride the elevator down - unless you want to
Updated
https://s3.tradingview.com/snapshots/z/zt1i5jRh.png
This is longer term chart of BTCUSD . I think we just completed 5th huge impulse wave. I don't want to think what happens when this structure (channel) breaks in the future so lets not think about that yet.
Right now i have a reason to think the trend is about to change. With the trend change you are going to hear a lot of 'hodl' or 'dca' or 'buy the dip' but i think it is going to be better if you don't listen to those.
Saving this chart for the future.
Good luck to you.
BTCUSD
This is longer term chart of BTCUSD . I think we just completed 5th huge impulse wave. I don't want to think what happens when this structure (channel) breaks in the future so lets not think about that yet.
Right now i have a reason to think the trend is about to change. With the trend change you are going to hear a lot of 'hodl' or 'dca' or 'buy the dip' but i think it is going to be better if you don't listen to those.
Saving this chart for the future.
Good luck to you.
BTCUSDNote
Note
Note
Going down.
Note
Note
On the course
Note
Again we meet on local top?
Looking at this and at the DXY i will say selling continuation will resume shortly.
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.