بتكوينبيع
This Important Chart Pointing to $8250
Hello Traders,
Lets get to it,
It seems like we have completed wave 5 and it came to an end right at the weekly supply zone which has acted as strong support numerous times.
Daily Candlesticks ve have bearish engulfing and seems like price consolidating for a push to the downside.
H4 has formed lower high and is expected to be followed by a lower low.
The volume is low in the waves 5 compared to wave 3. we also have bearish divergence on daily timeframe.
What seems like to be in play is a short term corrective move into the lows of wave 4 ( $8250 )
We've been short from 8450 and looking to add to our inventory at $8250 area.
$8250 is vital for bitcoin, if that level doesn't hold, guys I'll be out, not interested.
Like and Share if you find value
Cheers
Lets get to it,
It seems like we have completed wave 5 and it came to an end right at the weekly supply zone which has acted as strong support numerous times.
Daily Candlesticks ve have bearish engulfing and seems like price consolidating for a push to the downside.
H4 has formed lower high and is expected to be followed by a lower low.
The volume is low in the waves 5 compared to wave 3. we also have bearish divergence on daily timeframe.
What seems like to be in play is a short term corrective move into the lows of wave 4 ( $8250 )
We've been short from 8450 and looking to add to our inventory at $8250 area.
$8250 is vital for bitcoin, if that level doesn't hold, guys I'll be out, not interested.
Like and Share if you find value
Cheers
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