Hi traders,
Bitcoin surprised me last week. The pattern has now changed so this last pattern could be a leading diagonal and we could see a (short term) correction down and after that the next impulsive leg up.
Or the last pattern was a W-X-Y-X-Z correction (orange B-leg) and Bitcoin is still in a bigger (complex) pullback. Then we could see the last impulsive leg down to 25K.
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 surprised me last week. The pattern has now changed so this last pattern could be a leading diagonal and we could see a (short term) correction down and after that the next impulsive leg up.
Or the last pattern was a W-X-Y-X-Z correction (orange B-leg) and Bitcoin is still in a bigger (complex) pullback. Then we could see the last impulsive leg down to 25K.
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