BitcoinShort
Beware of the Reversal!
Dear BTC biased traders, correction is not over!
Many will see the current uptrend as an impulse...Because they bought BTC high. You might be strongly biased.
It is most likely a B wave of a corrective structure that will continue in the next 12 months and chart can reach levels of 1100
1) RSI is printing divergence after divergence. This can't continue for long.
2) price is still in the trend channel, but approaching its boundary
3) there is a leading diagonal in the beggining and the rest is impulse
$) the latter has correction in the middle
Just everything you need for a nice completed wave
Many will see the current uptrend as an impulse...Because they bought BTC high. You might be strongly biased.
It is most likely a B wave of a corrective structure that will continue in the next 12 months and chart can reach levels of 1100
1) RSI is printing divergence after divergence. This can't continue for long.
2) price is still in the trend channel, but approaching its boundary
3) there is a leading diagonal in the beggining and the rest is impulse
$) the latter has correction in the middle
Just everything you need for a nice completed wave
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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.
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.