BitcoinLong
Bitcoin Beginning Minuette Wave 3
Bitcoin has bounced off the 79% Fibonacci retracement after declining as a double zigzag (XYZ). This push up should mark the beginning of minuette wave 3. Final conformation will occur when we can count 5 waves up.
Bitcoin is currently above the Ichimoku Cloud on both the 5m and 15m charts, but faces resistance with the cloud on the 1h chart.
Bitcoin is currently above the Ichimoku Cloud on both the 5m and 15m charts, but faces resistance with the cloud on the 1h chart.
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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.