--It appears that BTC has ignored Elliott's leg 5 and quickly pursued the LTB of the huge wedge in the 23K region. The bulls perked up and showed their strength!
--I confess that I no longer followed crypto after my last analysis on 12/31/2022 and, neither did I take faith in the bullish pivot that was being outlined at the time on 01/01/2023. What to do! Such is life, "one day of the hunt, another day of the hunter".
--After the crypto momentum of the last few weeks, will it have enough strength to pursue higher targets, like the $25.2K region?
--After a small accumulation above the long average, the SETUP, showed this formed pivot that has strength to seek the region of $25.6K. Will the longs perk up and continue their saga even after this slingshot of over 40%?
-The most sensible thing is to follow candle by candle!
-Do your analysis and good business!
-Be Aware, If You Buy, Use Stop!
-See below for other reviews!
--I confess that I no longer followed crypto after my last analysis on 12/31/2022 and, neither did I take faith in the bullish pivot that was being outlined at the time on 01/01/2023. What to do! Such is life, "one day of the hunt, another day of the hunter".
--After the crypto momentum of the last few weeks, will it have enough strength to pursue higher targets, like the $25.2K region?
--After a small accumulation above the long average, the SETUP, showed this formed pivot that has strength to seek the region of $25.6K. Will the longs perk up and continue their saga even after this slingshot of over 40%?
-The most sensible thing is to follow candle by candle!
-Do your analysis and good business!
-Be Aware, If You Buy, Use Stop!
-See below for other reviews!
Comment:
See in this analysis how prices are respecting the "downtrend line"
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