Hello Traders,
I noticed BTC has not showed any signs of exhaustion or reversal in fact we can see overall volume continues to increase.
Based on the Elliot Wave theory. We can see that there is a likely continuation higher to tag our 3 Month resistance level. There is also confluence from our fibbonaci for traders who prefer that perspective. As we can see on the macro picture there was a strong level of buyers at 42,500.
This is a potential and will confirm on bullish flip 12H Candle.
Set your stops set your takes and always live to trade another day.
Adam J.
-TKT
I noticed BTC has not showed any signs of exhaustion or reversal in fact we can see overall volume continues to increase.
Based on the Elliot Wave theory. We can see that there is a likely continuation higher to tag our 3 Month resistance level. There is also confluence from our fibbonaci for traders who prefer that perspective. As we can see on the macro picture there was a strong level of buyers at 42,500.
This is a potential and will confirm on bullish flip 12H Candle.
Set your stops set your takes and always live to trade another day.
Adam J.
-TKT