COINBASE:BTCUSD   Bitcoin
With the clean breakout of BTC from its symmetrical triangle, many altcoins also followed the same movement. The impulse wave of the breakout was fast and is now probably overextended, that's why proceeding with caution in buying now. DO NOT FOMO INTO PUMPS! Wait for a retracement. A healthy retest of the Triangle may be a good entry since this could be the corrective 4th wave in Elliott Wave Theory, but expect volatility which may subject things to change. Set stop losses in cases of market manipulation or fake outs. Let us be patient and wait for proper reentries in BTC and other Altcoins.

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.