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AmazinRaisin
18. Mai 2021 20:02

Correction almost complete Long

Bitcoin / United States DollarCoinbase

Beschreibung

The ABC correction is nearing the end. There may be one last push down but I think the drop is near complete. I think BTC is in the C wave on the 5th wave down or its starting an impulse up. I think there might be one more sweep of the lows but its nothing to worry about. Doing a wave extention, it is 1 to 1 extension. Bull divs are showing up on the 4 hour RSI. The Crypto Fear Greed index is at 21. At the end of every bull market there needs to be a massive blow off top. This top stayed level for too long making me think this is just reaccumulation, Best of luck trading!

Kommentare
amaloyz
read the new china reban crypto again, all the fud, means it will dump more
AmazinRaisin
@amaloyz, Chinas tried to ban it a bunch of times. Barely even moved the market this time.
amaloyz
@AmazinRaisin, not the point, the point is no big investors will try to be in it with that risk, thus btc will either moves up a lot slower than before, or moves down a lot faster
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