BTCUSD-1H Analysis
Updated
Hello traders,
Hope you are having a spectacular weekend.
Above is our analysis on BTCUSD. We are overall still bearish as we continue to believe that there is one more massive impulsive wave to the downside given that certain trading conditions and parameters are met.
From 24.5k-26k we would be looking to short, that would be a risky entry since there would be no prior confirmation other than structural points .
Hope our analysis helps you towards profitability
God bless,
ETGL TEAM <3
Hope you are having a spectacular weekend.
Above is our analysis on BTCUSD. We are overall still bearish as we continue to believe that there is one more massive impulsive wave to the downside given that certain trading conditions and parameters are met.
From 24.5k-26k we would be looking to short, that would be a risky entry since there would be no prior confirmation other than structural points .
Hope our analysis helps you towards profitability
God bless,
ETGL TEAM <3
Note
If you're in shorts move stops to breakeven! :) as this may continue up one more time to 25-27k for another wave down
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