The first officially validated impulsive wave is now about to get corrected a bit.
The 5th wave reached up to 2.618 fib extension level of the 1st wave which is a pretty bullish signal.
For right now, it has bounced on 0.238 level.
People who has missed their bus waiting for $4,000~5,000 can consider their entry position at this correction.
Personally, I don't think it will retrace more than 0.328~0.618 level, but bitcoin has preference of touching the trendline that is now acting as a hard support once again after it breaks out.
My entry (long) position would be around at $7,717, $7,486, and $7,254.
The 5th wave reached up to 2.618 fib extension level of the 1st wave which is a pretty bullish signal.
For right now, it has bounced on 0.238 level.
People who has missed their bus waiting for $4,000~5,000 can consider their entry position at this correction.
Personally, I don't think it will retrace more than 0.328~0.618 level, but bitcoin has preference of touching the trendline that is now acting as a hard support once again after it breaks out.
My entry (long) position would be around at $7,717, $7,486, and $7,254.
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토미 유튜브: bit.ly/Tommy_TV
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。