BITCOIN REVERSAL - 4H CHART
Hi Traders,
Bitcoin got out of the last structure I analysed if you check my last analysis here on TV.
While some people dare to confirm we have a full reversal in Bitcoin I would not be so optimistic, let's see how fast/slow it goes up from here. I believe we are in an uptrend for the following couple of weeks according to some wave analysis rules in the bigger picture.
Right now we should pull back and then start heading to the main trend (black arrows) also taking into account other possible moves, however, at a much lower probability.
Carlos
Bitcoin got out of the last structure I analysed if you check my last analysis here on TV.
While some people dare to confirm we have a full reversal in Bitcoin I would not be so optimistic, let's see how fast/slow it goes up from here. I believe we are in an uptrend for the following couple of weeks according to some wave analysis rules in the bigger picture.
Right now we should pull back and then start heading to the main trend (black arrows) also taking into account other possible moves, however, at a much lower probability.
Carlos
Note
Very Accurate! Press PLAYNote
If we keep consolidating then get ready for an uptrend Rally :)
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.