$BTCUSD - Short term projection
Hi guys!
Here is what I'm thinking on Bitcoin, the last drop contains a 5-wave pattern and was stopped by a dynamic resistance, hence BTC will look for a correction, so nice long position here could work.
See the alternative price action as well, false breakout and then right back in.
Here is what I'm thinking on Bitcoin, the last drop contains a 5-wave pattern and was stopped by a dynamic resistance, hence BTC will look for a correction, so nice long position here could work.
See the alternative price action as well, false breakout and then right back in.
Trade closed: target reached
TP 1 and TP 2 complete, waiting for TP3Trade closed: target reached
TP3
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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.