BTCUSD at a "Fork in the Road": Bitcoin decision point here
Aggiornato
Quick plot to see two possible wave structures.
The bounce was strong, but is it done? or more?
The Impulse was clear, the Ripples being perfect.
Perhaps we have completed all 5 waves of Impulse leg.
Perhaps we have only completed wave 3, and 4 coming.
Perhaps we are still in bear market and just a correction.
10.9k is the key for bullish momentum
10.6k is critical to maintaining uptrend
10.2k is pretty much Bulls' Last Stand.
Part of my ongoing analysis of Bitcoin moves:
14k > 9.8k retrace <=Perfect?
14k target called <=Perfect
10k target called <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce Call <=Perfect
10k path laid out
10k final Leg
3.1k bottom call <=Exact bottom
The bounce was strong, but is it done? or more?
The Impulse was clear, the Ripples being perfect.
Perhaps we have completed all 5 waves of Impulse leg.
Perhaps we have only completed wave 3, and 4 coming.
Perhaps we are still in bear market and just a correction.
10.9k is the key for bullish momentum
10.6k is critical to maintaining uptrend
10.2k is pretty much Bulls' Last Stand.
Part of my ongoing analysis of Bitcoin moves:
14k > 9.8k retrace <=Perfect?
14k target called <=Perfect
10k target called <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce Call <=Perfect
10k path laid out
10k final Leg
3.1k bottom call <=Exact bottom
Nota
Trying to break the ceiling .
Nota
a pop here could spike to 11,575 quick-like .
Nota
Boom. 11,986 should be next stop .
Nota
wow, now THIS is what a breakout and retest on Algo-Time looks like .
Nota
First target hit exactly .
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.