qwekjc

Entanglement and Waves

BINANCE:BTCUSDT   Bitcoin / TetherUS
1. Bitcoin daily chart wave count: Currently, the white first wave has not completed yet, it's in a pullback for the yellow fourth wave. Waiting for the correction of the yellow fourth wave to finish before getting back in for a long position.
2. The Bitcoin daily chart hasn't shown the second pivot yet, so the future space is uncertain, just a rough estimate, can't say for sure. It's best to wait for the second pivot to appear, and then use the consolidation divergence invented by our Chanshi to catch its tail, and you'll be successful. Near 16500 on November 25, 2022, I analyzed the bottom of Bitcoin and stated that Bitcoin had bottomed out, indicating that the bulls were about to arrive, with targets set at 75000 and a second target of 150000. Did anyone notice? I've occasionally analyzed a few times later, and they've all been on point. I don't trade coins myself, so I haven't been keeping track.

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.