So. Today we began to look more closely at the situation and tried to highlight those options for the development of the situation at a price that may occur.
We assume that now we are in wave 5 (purple) - the end of this scenario will be monitored above the current price.
Also remember the script, which was described a little earlier on this chart
The price formed a divergence with volume (black lines). This indicates the oncoming weakness of the bull market.
Today, our Stop and the full output from Bitcoin is at the level of 5600. If the level is broken, we will stay out of the market for a while.
We assume that now we are in wave 5 (purple) - the end of this scenario will be monitored above the current price.
Also remember the script, which was described a little earlier on this chart
Today, our Stop and the full output from Bitcoin is at the level of 5600. If the level is broken, we will stay out of the market for a while.