BitcoinLong
BTC is a BUY!
The Idea:
-Contrary to trending trade ideas, I believe Bitcoin is a buy.
The Reason:
-My conclusion has been reached solely upon its recent impulsive behavior, followed by a precise Fibonacci correction, which if it holds in the highlighted zone and breaks to the upside, should generally be followed by an impulsive wave to recent highs.
The Technical Correction:
-61.8% retracement of previous impulse leg
-161.8% extension of current corrective move
-100% AB = CD projection of current corrective move
-Contrary to trending trade ideas, I believe Bitcoin is a buy.
The Reason:
-My conclusion has been reached solely upon its recent impulsive behavior, followed by a precise Fibonacci correction, which if it holds in the highlighted zone and breaks to the upside, should generally be followed by an impulsive wave to recent highs.
The Technical Correction:
-61.8% retracement of previous impulse leg
-161.8% extension of current corrective move
-100% AB = CD projection of current corrective move
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.
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.