BitcoinLong
Bitcoin might be testing a level of support.
I am still assuming that a wave 5 is in progress with the interior count of wave 1(leading diagonal) and 2 assuming to be complete.
Now assuming that wave 3 is still unfolding with the interior wave 4 currently unfolding, taking a shape of a flag technical pattern.
Using the fibonacci retracement tool I can see price is currently testing the 38.2% level of support.
Finding a good opportunity can be taken as the analysis remains valid until the top of wave 1 is taken out.
A happy trading to you all.
God Bless You.
Now assuming that wave 3 is still unfolding with the interior wave 4 currently unfolding, taking a shape of a flag technical pattern.
Using the fibonacci retracement tool I can see price is currently testing the 38.2% level of support.
Finding a good opportunity can be taken as the analysis remains valid until the top of wave 1 is taken out.
A happy trading to you all.
God Bless You.
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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.