maonimisi

BTC UPDATE: AT OR NEAR IT LOW...

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Greetings traders and investors from around the world...
Just a quick one on the price action of bitcoin... Over the past couple of days, I was looking for a possible wave four triangle particularly I was expecting the A - C trendline to act as support thus giving way for a fifth wave rally.
Recent price action suggest we might be seeing that happening sooner than we expect as we are currently finding support on the A-C trendline.
An initial five wave rally followed by a three wave correction will suggest that the correction might be over and the bull market might just be underway
Until I come your way don't forget to leave a like and comment.
Trade safe
Love

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.