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Salad2020
Jun 24, 2022 9:23 PM

Bitcoin Analysis 2H Long

Bitcoin / TetherUSBinance

Description

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.
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