Hi traders,
Bitcoin is still in a bigger (complex) pullback.
I think the X-leg becomes a bigger triangle. So in that cast we could see the next (fast) drop very soon for the HTF Y-leg (orange).
At the moment it's in a small correction so wait for a clear break and close under the previous low to trade sells.
Let's see what the market does and react.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Bitcoin is still in a bigger (complex) pullback.
I think the X-leg becomes a bigger triangle. So in that cast we could see the next (fast) drop very soon for the HTF Y-leg (orange).
At the moment it's in a small correction so wait for a clear break and close under the previous low to trade sells.
Let's see what the market does and react.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave