BTCUSD / Multi-Timeframe : Clear exit signal for bulls here.

Don't have the time to make a full text description but to sum up, both sinewave and elliott count tend to confirm an exit point here for bulls on bitcoin. It's time to let the corrective waves take place and wait to have further information on that.. Eventually a corrective short entry could be considered, but to me it seems very agressive at this point (Sinewave only gives a TP... which is not enough to me to consider a low risk reversal..)

تعليق:

Signal area gor broken to new highs.. Probably heading to an extended flat or running flat corrective structure then.
Pay ATTENTION no to buy this bull wave as its part of the corrective strucure, buyers still have to wait to get in. This bull move only tells us that the bulls are holding on nicely and that future entries will probably be higher than expected as well. But for now patience is still on track for buyers.