Hello, Skyrexians!
Recently we have already made analysis on
BTC.D where pointed out that this Bitcoin season finally is about to end. Today we share with you our precise analysis of last dominance growth to understand when there is going to be the final reversal.
Let's take a look at 12 hours time frame. Here we can see that Elliott waves structure. It has pumped to the wave 3 target at 1.61 Fibonacci and then retraced in the wave 4. We expect consolidation between 61% and 62% for some time before the final growth in the wave 5. This wave will be finished approximately at 65%. The red dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] and the bearish divergence with Awesome Oscillator are going to be the reversal confirmation factors.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Recently we have already made analysis on
BTC.D where pointed out that this Bitcoin season finally is about to end. Today we share with you our precise analysis of last dominance growth to understand when there is going to be the final reversal.Let's take a look at 12 hours time frame. Here we can see that Elliott waves structure. It has pumped to the wave 3 target at 1.61 Fibonacci and then retraced in the wave 4. We expect consolidation between 61% and 62% for some time before the final growth in the wave 5. This wave will be finished approximately at 65%. The red dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] and the bearish divergence with Awesome Oscillator are going to be the reversal confirmation factors.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.