BTCUSD Valley Formation

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Price moved as per our calculation for the 1hr TF but did better with reaching 2.618 as well. this is very strong signs of something coming into crypto real soon. I have completed the 4hr chart to understand where our targets are and the price breakout at 6,900-7,000$ is very crucial as we do not know if we can break it, but I'm confident we will. The chart is clear and if you have any question shoot to me @thaibx

In the long view we can see a formation of a valley which is a very bullish sign if we complete as per the drawing.

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ملاحظة

Price hit our Wave 3 target earlier than before, so I have updated the 4,5 marks. This Price points are very crucial as we are going to tough grounds. The buy area marked 7,011-6,834$ is a chance for entry if haven't entered earlier, but make sure to have tight stop-loss to close long position if price hits 6,750$. Target for 5 is still the same around 8,000$ range. But there is 1 blue line we got rejected which is exactly at the end of Wave 3. This line has not yet been tested and I think we will be having a difficult wave 5 to crack above this line. Still difficult times to trade as price may also flip down to sub 6k as well.

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ملاحظة

On our way to 4 makes perfect sense to see ABC

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We won !