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ishanwalia
Sep 27, 2021 2:57 PM

potential diamond bottom? Long

Bitcoin / TetherUSBinance

Description

bitcoin is not looking good but surprisingly I see a potential diamond bottom here... but if it goes down to invalid then its not in the making... but right now btc looks 60% bullish as it is on 2nd base of elliott waves and can reach 70k+ as per that but btc needs to break my resistance level to reach the target which hard and might squeeze and take days to break that level if it gives a fakeout then ignore that fakeout
Comments
adityapratap13635
how can we know it is fakeout?
ishanwalia
@adityapratap13635, if it doesn’t squeeze to break the resistance, most likely it is a fakeout.
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