BITCOIN--- ABC PATTERN ??? can we have wave c upside ?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BITCOIN is consolidating in range from last 10 days ,marked in blue box

Looking at the chart,
The way I see it, BTCUSD has complete 1 move upside , marked as A , and now trading sideways at B corrective wave . hence we can have wave c upside ?
Price is below 200 EMA and 50 EMA
Stoch is at low Level
If it goes above consolidation zone (Highlighted blue ) ,it can continue on the short term bullish bias we are seeing with the recent breakouts to the upside.

But, if Bitcoin ( BTCUSD ) falls from here and close below these levels, it can start going down and test our next support levels .

Every impulse move upside/downside had been very fast and had taken short time .
These sideways are most difficult to trade , here many times , trades fall in traps , rather impulse wave is easier to trade , where every indicator helps .

If you like Idea , LIKE , SHARE , FOLLOW

Encourage Author to share more idea in future.

Follow at twitter
Comment: Congratulations , BTCUSD kissed Our Support 1 , and Trading 22% upside now , i hope you all made Profits ,Cheers .
Follow sam_crypto for more idea's
who will share maximum ,i will share our trading strategies to him/her .

EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out