1. Weekly candle closed above 1.0 Fib level of Wave 1 & 3 , meaning that wave 5 does not want to end at this level meaning it will go to next 1.618 fib of wave 1 & 3.
2. Bearish divergences showing up on Volume, RSI, MFI, and MACD. Suggesting a possible correction is on the way.
3. In conclusion, this weekly analysis presents a possible long setup to $24,000
I will not be responsible for any losses you may incur if you decide to base your trading off my ideas.
Out-
WineTrader888
2. Bearish divergences showing up on Volume, RSI, MFI, and MACD. Suggesting a possible correction is on the way.
3. In conclusion, this weekly analysis presents a possible long setup to $24,000
I will not be responsible for any losses you may incur if you decide to base your trading off my ideas.
Out-
WineTrader888
Order cancelled:
This setup's probability of success is no longer at a high enough level to risk any trades. I will post a new BTC chart update to show why. Check most recent post for the update. Cheers.