Salad2020

Bitcoin Analysis 2H

Long
Salad2020 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello friends,
At daily timeframe , the chart appears to be away from the moving average.
So I expect Bitcoin to return to some higher price levels.
A classic pattern is also formed.
My analysis is just a suggestion, go ahead with your strategy.
Observe the loss limit.
Good luck ...
Comment:
I would also like to add that according to the All-Brooks strategy, after breaking the trend line, it is better to wait for the formation of a classic pattern.
Comment:
One more point:
It looks like we are at the end of the 5 Elliott wave and we have to wait for ABC towards higher prices.
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.