Hello traders.
BTCUSD is still in the corrective phase and in the downtrend, but I believe blue Y wave is over. I don't think this will be the case, but there is a chance for Z wave after a same size correction with the previous X wave.
I'm waiting for a correction in 1H to buy some Bitcoin. Please take a look at the related idea for detailed analysis.
BTCUSD is still in the corrective phase and in the downtrend, but I believe blue Y wave is over. I don't think this will be the case, but there is a chance for Z wave after a same size correction with the previous X wave.
I'm waiting for a correction in 1H to buy some Bitcoin. Please take a look at the related idea for detailed analysis.
Comment:
Nice up move and I hope it will keep going up. But the structure can still be X wave.
Comment:
I sincerely hope it will keep going up. But the structure can still be X wave. In this case, it will come down and bounce back from any price between 2 white lines. If it makes a correction, I think it will be a very good sign for more upside (yellow arrows). More upside doesn't mean totally up. For more details, please check the related idea.
