BTC/USDTI think wave five has completed for correction in the ABC, I will open a sell position with this setup.
Neo Wave
BTC(based on NEo wave)bitcoin is making a bow-tie diametric and finale wave is starting.
pay attention: do not buy bitcoin on this final correction,its a good time to buy altcoins like eth,doge,sol and others.
possibility of downtrend It is expected that a trend change will form within the current support range and we will witness the start of an upward trend.
correction According to the correction pattern, there is a possibility of a triangle pattern forming. Accordingly, the price is expected to move according to the specified direction and after the correction pattern is completed, we will see the beginning of the upward trend.
check the trendIf the price changes direction within the current support range, we are expected to see the beginning of the upward trend to the resistance levels. Otherwise, the continuation of the downward trend to the next support levels is possible.
check the trendThe current correction is expected to advance to the specified support levels, then we will see the continuation of the upward trend.
downtrend If the price can stabilize above the resistance range, the continuation of the upward trend will be possible. Otherwise, if the support trend line is broken, the continuation of the downward trend according to the specified path will be possible.
uptrendGiven the recent upward wave, it is expected that we will see the continuation of the upward trend after the amount of correction and fluctuation. If the price passes the support levels, the continuation of the correction trend to the next support range will be possible.
check the trend It is expected that the trend will change in the current support range and we will see the start of the upward trend. The break of the resistance trend line will be a confirmation of the upward trend.
uptrend After the amount of correction and fluctuation to the support levels, the trend change will take place in four forms and we will see a continuation of the upward trend.
possibility of uptrendIt is expected that a trend change will form within the current support level and we will see a continuation of the upward trend to the resistance trend line. If the price crosses the support level, the downward trend will continue to the next support levels.
possibility of uptrend It is expected that a trend change will form within the support levels and we will see a continuation of the upward trend. Otherwise, the correction trend will continue to the support level.
uptrendThe downward trend in the current support range is expected to end and we will witness the beginning of the upward trend.
correction Considering the price behavior in the current resistance range, possible scenarios have been identified. If the price crosses the resistance range, the continuation of the upward trend is likely.
Otherwise, the continuation of the corrective trend to the specified support levels is possible.
uptrend The price is expected to cross the resistance range and after consolidating above the resistance range, the beginning of the upward trend is likely.
possibility of uptrend Considering the price behavior in the current resistance range, possible scenarios have been identified. By crossing and consolidating above the resistance range, the continuation of the upward trend is likely.
check the trendIt is expected that the trend will change in the current resistance range and we will see the beginning of the downward trend.
If the price breaks through the resistance range, the continuation of the upward trend will be likely.
upward trendThe price is expected to fluctuate above the current support range and then we will see the beginning of the upward trend.
possibility of uptrendConsidering the price behavior in the current support range, possible scenarios have been identified. With the support range broken, the downward trend will continue.
check the trend The upward trend is expected to advance to the resistance trend line. Then the possibility of a trend change and the start of a correction will be likely.
possibility of uptrendThe price is expected to break through the resistance trend line and advance to the specified resistance area. Then the continuation of the upward trend will be likely.
If the price breaks through the support area, the continuation of the downward trend will be likely.
possibility of uptrend The price is expected to break through the resistance area and then continue the upward trend. Otherwise, the continuation of the correction to the specified support area will be possible.
