Robi_Nitu

Bitcoin short scenario 15th of March 2021

Robi_Nitu Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi guys, seems BTC completed the 5th EW and also the correction wave B and everybody is expecting a big correction before the next move up. If this is the case, I think wave C could take us to the buy zone at 36.500$ ( maybe lower ).

Take into account that BTC usually doesn't care about what everybody thinks/wants to happen so don't be surprised if we go to the 75.000$ levels to see the full power of the extended last wave.

We do have a bearish divergence on the macro both on RSI and MACD.

Trade safely my friends !

Not financial advice, just educational material.
Comment:
seems my short scenario played out perfectly, maybe it's time to set some stink bids at the 47.000$ levels

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.