I_Cant_Trade

Hey btc, where are you going?

BITFINEX:BTCUSD   Bitcoin
Trend lines have been touched 3 times, and all three times are pinbar.
2 times before the pinbar, btc all down very quickly at the bottom of the trend channel
What is the third pinbar?
Take a look at the RSI, it will likely return to the downtrend line
Moreover, the Elliot wave beginning December 17 has not been finalized, we need to perfect this Elliot wave.
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.