Bitcoin 1H Chart Analysis
Currently tracking a light blue ABC correction within the larger Wave ④.
Wave C is unfolding as a 5-wave structure; currently in Wave ④.
Adjusted the wave count this morning: what was initially labeled as Wave ① is now considered Wave ③, due to its extended size.
Wave ③ appears to have completed near the 2.272 Fibonacci extension.
A divergence formed, leading to the current Wave ④ pullback, which is finding support at a key supply-demand zone.
Watch for a MACD oscillator crossover — this could signal the start of Wave ⑤.
Focus on reactions at the support zone for trade decisions.
Currently tracking a light blue ABC correction within the larger Wave ④.
Wave C is unfolding as a 5-wave structure; currently in Wave ④.
Adjusted the wave count this morning: what was initially labeled as Wave ① is now considered Wave ③, due to its extended size.
Wave ③ appears to have completed near the 2.272 Fibonacci extension.
A divergence formed, leading to the current Wave ④ pullback, which is finding support at a key supply-demand zone.
Watch for a MACD oscillator crossover — this could signal the start of Wave ⑤.
Focus on reactions at the support zone for trade decisions.
'규칙' & '패턴' 그리고 '조합'
blog.naver.com/lightvblue
blog.naver.com/lightvblue
Disclaimer
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.
'규칙' & '패턴' 그리고 '조합'
blog.naver.com/lightvblue
blog.naver.com/lightvblue
Disclaimer
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.