Commencez
mboss_37

Rising wedge and Bearish Divergence. Prepare for correction

Short
Bitcoin (BITFINEX:BTCUSD)  
mboss_37 Mis à jour   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis bearishdivergence rsidivergence Bitcoin (Cryptocurrency) BTCUSD BTC
2
0
trendanalysis chartpattern waveanalysis bearishdivergence rsidivergence bitcoin btcusd btc

We can expect an ABC correction down to 8800 USD for BTC. Bearish divergence on 4hr chart shows that correction is incoming.
This chart shows the Elliot Wave analysis:
snapshot
First Elliot wave of BTC uptrend has almost been completed.
Commentaire:
snapshot
Detailed analysis of ABC correction
Commentaire:
snapshot
Downtrend still valid and in line with ABC correction. Currently in B correction up to 9.5k. After that we can expect another drop in 5 waves down to 8.8k.

No predictions here - only possibilities
Commentaire:
snapshot
Price Volume per Price Range is very strong at current level.
Bitcoin on 4Hr chart looks oversold. May be a good position for a partial long position now.
Commentaire:
snapshot
Looks like the Bears are still in the game. Downtrend is continuing and btc is still oversold on the 4hr chart.
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.