Forming Wave D & E to complete the Contracting Triangle.
Mis à jour
Wave 2 ended at $7,665.1, it has been retraced 0.71 level of Wave 1.
In most of the time, Wave 2 would retrace 0.618 - 0.786 level of Wave 1, which is also sharp & deep.
Forming Wave D & E could be the Sub-Wave 1 & 2 of Wave 3 respectively.
In most of the time, Wave 2 would retrace 0.618 - 0.786 level of Wave 1, which is also sharp & deep.
Forming Wave D & E could be the Sub-Wave 1 & 2 of Wave 3 respectively.
Commentaire
Wave Pattern still remain the same, and the Wave 2 have not finish yet.Wave 2 could touch the Major Up Trend Line (yellow line) ~ $6,900 - $6,800 very soon.
Commentaire
Great, Wave 2 was ended at $7,240 (0.786 Fibonacci level of Wave 1). BTC/USD begins the journey to Wave D with target = $ 9,700 - $9,900.Commentaire
Sub-Wave 1 & 2 of Wave D could be completed, and now in the forming of Sub-Wave 3 of Wave D with the short term target to $9,300.Commentaire
Sub-Wave 3 of Wave D could hit $9,800 or even breach the Major Down Trend Line (white line) and complete this Contracting Triangle pattern without forming Wave E.If this happened, it could be very BULLISH.
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.