marktiu

BTC near completion of corrective A Wave?

Long
marktiu Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello Traders & Hodl'ers!

I wanted to do a quick EW count on what I'm seeing on BTC.
We see it completing a 5 wave leading diagonal structure on the corrective A Wave.

I would like to see if break out to confirm Wave B before entering a long position on BTC.


If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!


I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
Comment:
Just wanted to add the fib extension from wave 2 to 3

I would like to see a reaction at the 0.618 FE which is 21,502
A reaction at this level would be indicative on the completion of wave 5

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.