Bitcoin / TetherUSMis à jour BTCUSDT , The End of Major Corrective Wave ?
BTCUSDTBTCUSDT has made its major corrective wave after a good long run of 5 Major Waves to the ATH 64,854 BTCUSDT
Price rebound on its immediate Resistance-become-Support (RBS) at 38k BTCUSDT.
If the price is able maintain above the RBS and break the Downtrend Linde (DTL) which projected from its peak, The Harmonic Pattern - Bullish Cypher Pattern might valid and the price is expecting to pullback to it's Golden Fibonacci Level, 0.618 at price 54,900 BTCUSDT.
The possible pullback also are supported by the indication of its Oversold RSI and StoRSI.
Since the major correction took several days, the recovery is expecting in between 2 weeks and up to 1 month.
https://cdn.fxdayjob.com/wp-content/uploads/2017/03/harmonic-cypher-pattern-rules.png
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The GAGAK Trader
Note
The idea was invalid since price dipped to the 30kUSDT zone
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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.