UnknownUnicorn15998212

Possible Short Term Top for BTC/USD

Short
UnknownUnicorn15998212 Mis à jour   
COINBASE:BTCUSD   Bitcoin
Pretty simple wave pattern here, given the volume and bullishness of Bitcoin I expect a 0.236 or 0.382 retrace. RSI divergence supports the idea.
Commentaire:
Daily supports are shown in blue, hourly in black. The hourly aligns perfectly with the 0.236. One possible issue is the slight overlap of wave 4 and 1. If this idea is invalidated I will update shortly with an alternate count.
Commentaire:
Invalidated, next resistance is 55850 unless a double top occurs on 5 min (unlikely)
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.