#Bitcoin - correction or impulse? #BTCUSD #Crypto #tradingview
Is that an upward correction as red circled abc or already an impulse as blue circled i,ii,iii,iv,v - that's the question now?
Both variants are possible in my opinion and must be observed.
An upward correction would mean that after completion, another sell-off towards black Alt (4) starts. Only with the completion of this potential sell-off, a re-entry long makes sense.
On the other hand, a new impulse (blue circled i,ii,iii,iv,v -) could have already started from the low at the black (4). Then, however, the blue wave iii would have to lead to a fast strong rise and indeed beyond 42,650 USD and thus form new all-time highs.
Difficult decision and it is now to continue to watch carefully and heed the set alarms. In case of doubt, the short-term use of the sidelines is the better decision. (Applies to short-term oriented traders, because the new all-time highs will come and is currently out of the question for me and Hodl'er simply hold and ignore the short-term intermediate skirmish).
Greetings from Hanover, Lower Saxony
Stefan Bode
Both variants are possible in my opinion and must be observed.
An upward correction would mean that after completion, another sell-off towards black Alt (4) starts. Only with the completion of this potential sell-off, a re-entry long makes sense.
On the other hand, a new impulse (blue circled i,ii,iii,iv,v -) could have already started from the low at the black (4). Then, however, the blue wave iii would have to lead to a fast strong rise and indeed beyond 42,650 USD and thus form new all-time highs.
Difficult decision and it is now to continue to watch carefully and heed the set alarms. In case of doubt, the short-term use of the sidelines is the better decision. (Applies to short-term oriented traders, because the new all-time highs will come and is currently out of the question for me and Hodl'er simply hold and ignore the short-term intermediate skirmish).
Greetings from Hanover, Lower Saxony
Stefan Bode
t.me/stefan_bode_analysen
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!
fondslounge.de
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!
fondslounge.de
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