BTCUSD bullish analysis
Bullish count for BTCUSD, smaller scale.
It looks like price has formed a leading diagonal off low of 56148.93. It also looks like a leading diagonal formed off 5 August low of 49247.75. Both leading diagonals in green ellipses. I have one additional impulse in the blue ellipse, and two corrective structures in red ellipses.
Overall, this look pretty bullish. Key supports now 60841.65 and 56148.93.
It looks like price has formed a leading diagonal off low of 56148.93. It also looks like a leading diagonal formed off 5 August low of 49247.75. Both leading diagonals in green ellipses. I have one additional impulse in the blue ellipse, and two corrective structures in red ellipses.
Overall, this look pretty bullish. Key supports now 60841.65 and 56148.93.
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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.