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Seohakant
Feb 16, 2021 2:59 AM

2021-02-16 XBTUSD//BTCUSD Short-term analysis and plan 

BITMEX:XBTUSD.P15
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

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I'm going to think the adjustment is in progress until the highs are broken.

We believe that the correction time is too short to believe that the bull market has started as it is.




For me, who conducts chart analysis and trading in the corner of the room, your "likes" are very powerful.

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I wish you good luck.


Chart Patterns
Comments
Momantic_FX
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GOOD.
Seohakant
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should think about running flat

1. The period is too short to say that the correction is over.
2. Updated the highs.
3. We have to see if wave C ends with wave 5.
Seohakant
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It is correct to assume that it is not an impulse because the price has already interfered.
However, there is a scenario in which 3 waves are extended as a variable for the additional rise.
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