Hi traders,
Bitcoin is still in a bigger (complex) pullback.
I think the B-leg (changed wavecount) becomes a bigger W-X-Y-X-Z correction. So in that case we could see another move up.
At the moment it's in an upward channel but it made a move down and now it's in a consolidation.
So wait for a clear break and close above the high to trade (short term) buys.
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 B-leg (changed wavecount) becomes a bigger W-X-Y-X-Z correction. So in that case we could see another move up.
At the moment it's in an upward channel but it made a move down and now it's in a consolidation.
So wait for a clear break and close above the high to trade (short term) buys.
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