Alpha_54321

BTCUSDT WAVE 5 OF C IN PROGRESS SCENARIO

Long
Alpha_54321 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Possible wave 5 of C in progress and very close to reach target level . The price usually falls deeply after completion and should break at least previous wave 4 low .

Divergence must be present between wave 3 end and wave 5 end for confirmation .

Usually wave C end dose not travel beyond 1.618 otherwise it is invalid

Good LUck
Comment:
Price is forming a double top so price might pullback and then make a new high and sweep liquidity
Order cancelled:
Invalid scenario
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.