Bitcoin / TetherUSViés de alta
BTC - LONG Wave 3
Hi everyone,
So we are still on track to reach our Wave 3 target, nothing has invalidated our plan at this stage.
Yes, we have broken out of the rising wedge, yes we have tested the top of the wedge, but it's not been a decisive confirmation that we have broken it to the upside yet, the next few hours are important to watch.
Keep drawing new fibs from the 0.382 of Wave 2, if that gets invalidated prepare for a move down.
Keep an eye on the Wave 2 high, if that breaks decisively, we will likely test the resistance line of 49795.89 from back on the 16th of May.
We are still in an uptrend.
Entering a position now would be at your own risk.
* A position should have been opened at 43927 (the 0.382 of wave 2),
OR
* at the retest of the top of wave 2 at 48144
Disclaimer:
No financial advice, DYOR.
The purpose of my idea's is to monitor current Price action so as to gain skills in predicting the next moves.
So we are still on track to reach our Wave 3 target, nothing has invalidated our plan at this stage.
Yes, we have broken out of the rising wedge, yes we have tested the top of the wedge, but it's not been a decisive confirmation that we have broken it to the upside yet, the next few hours are important to watch.
Keep drawing new fibs from the 0.382 of Wave 2, if that gets invalidated prepare for a move down.
Keep an eye on the Wave 2 high, if that breaks decisively, we will likely test the resistance line of 49795.89 from back on the 16th of May.
We are still in an uptrend.
Entering a position now would be at your own risk.
* A position should have been opened at 43927 (the 0.382 of wave 2),
OR
* at the retest of the top of wave 2 at 48144
Disclaimer:
No financial advice, DYOR.
The purpose of my idea's is to monitor current Price action so as to gain skills in predicting the next moves.
Aviso legal
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