Bitcoin / TetherUSShort
Bitcoin
Hello and a warm welcome to this analysis on BTCUSDT
On daily time frame we can see
5 waves down - Wave A from APRIL 2021 to JULY 2021
followed by
Corrective abc up - Wave B from JULY 2021 to NOV 2021 which looks like a double top/horizontal B
then another
Minute impulse down - Wave 1 of C
currently it appears to be making Wave 2 of C which could retrace till 62000-64000 to be followed by Wave 3 of C down till approx 43000.
The view would be invalid if it prints a new high.
Short on rallies accordingly.
On daily time frame we can see
5 waves down - Wave A from APRIL 2021 to JULY 2021
followed by
Corrective abc up - Wave B from JULY 2021 to NOV 2021 which looks like a double top/horizontal B
then another
Minute impulse down - Wave 1 of C
currently it appears to be making Wave 2 of C which could retrace till 62000-64000 to be followed by Wave 3 of C down till approx 43000.
The view would be invalid if it prints a new high.
Short on rallies accordingly.
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
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.
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
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.