BTC wave structure at 15m time frame
The current price goes into strong swinghigh and weak swinglow.
We can sell the powerful swinglow candle of the 5M time frame that is broken through and then the wave at the 5M time frame turns into a downtrend
The current price goes into strong swinghigh and weak swinglow.
We can sell the powerful swinglow candle of the 5M time frame that is broken through and then the wave at the 5M time frame turns into a downtrend
Comment:
Btc has dropped and crossed the swinglow of the 5M timeframe
Comment:
Btc, after increasing in price to the strong supply zone of the 15M time frame, had a downward reaction in price
Comment:
M15 time frame is downtrend. Currently it is an internal rising wave, the price after breaking through a strong i-swing low, signals the end of the internal wave. The price will fall back to the weak swing low