Nickonomics

Bitcoin (BTC): Wave Pattern & Key Levels

Long
Nickonomics Updated   
BITFINEX:BTCUSD   Bitcoin
After many days of rangebound activity, the wave pattern has been clarified: we are dealing with a Triangle. In the previous update, I identified the break from a Diagonal triangle (in fact, this is a simple wave C), which of course is a clear bullish signal: Currently, the price is heading towards wave d target zone near 9300. Volatility has been steadily declining for the past two days, and this is another bullish indication.

I appreciate your support and likes. Remember: trading is easy with eyes closed.
Comment:
Alts update here:

Telegram: t.me/NixTrading
Service: NixService.net
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.