BitcoinLong
BTCUSD: Wave 3: 5800, Wave 4: 4600 and finally Wave 5: 6400
Dear trading enthousiast,
The are quite some people expecting BTC to quickly return to the (sub-)4K price range.
Actually, because of that, the opposite seems more likely to me.
I think we are currently in an asecending channel. Although the MACD is about to cross bearish on the daily, I expect an impulse to $5800 before we really start correction wave 4, as I shared before. The final target, after revisting the $4600 support/MA region, would be in the $6400-$6600 range.
Love to read your comments!
TheNDK
This post is for your entertainment only and not trading advise
The are quite some people expecting BTC to quickly return to the (sub-)4K price range.
Actually, because of that, the opposite seems more likely to me.
I think we are currently in an asecending channel. Although the MACD is about to cross bearish on the daily, I expect an impulse to $5800 before we really start correction wave 4, as I shared before. The final target, after revisting the $4600 support/MA region, would be in the $6400-$6600 range.
Love to read your comments!
TheNDK
This post is for your entertainment only and not trading advise
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