BitcoinLong
Bitcoin - keep working on the final drop
That final decline in the wave ( c ) of ( v ) down in the ideal world should be structured as five wave impulsive structure.
Today's drop looks like a perfect candidate for the wave c of iii. And that wave c of iii down may extend to 4,700 - 4,500.
Then a corrective pullback in wave iv up should hold under 5,750 to give birth to the final push down in the wave v into the green target box.
In the real life such a final drop quite rarely gives us such a perfect completion.
What we can get is one more push down and then a reversal breaking out through that first resistance at 5,750.
Therefore I will buy the first tranche if they push it down to 4,700 - 4,500.
Today's drop looks like a perfect candidate for the wave c of iii. And that wave c of iii down may extend to 4,700 - 4,500.
Then a corrective pullback in wave iv up should hold under 5,750 to give birth to the final push down in the wave v into the green target box.
In the real life such a final drop quite rarely gives us such a perfect completion.
What we can get is one more push down and then a reversal breaking out through that first resistance at 5,750.
Therefore I will buy the first tranche if they push it down to 4,700 - 4,500.
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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.
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.