NICKVASS10

Bitcoin going lower after WXYXZ 4th wave completion

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
As shown on chart we have completed a complex WXYXZ sideway correction showing clear weakness, with no buying momentum being seen; characteristically, low volume and slow price action. The current level price action sits at is key orderblock; however, the weakness and price action observed suggests we will test the key buying area of the $36800-37400 orderblock where there is great reason for the bulls to show up.

Please like and follow for more Advanced Elliot Wave Analysis!!

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.