This is no EW analysis but a simple peak ->peak line continuation. Taking a big step back, it's plain to see that BTC will trend lower overall. As for a reversal, it's too early to tell.
Nota
I'd post another chart with 4h candles and maybe I will, but it just dove again after hitting the top line.Nota
If this slope continues, consider 8,000 being the max by mid-April.
Declinazione di responsabilità
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Declinazione di responsabilità
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.