meszaros

The BTCUSD exchange rate continues to rise...

Long
BITSTAMP:BTCUSD   Bitcoin
The BTCUSD exchange rate continues to rise.
the exchange rate is currently in the second wave segment. This feature is twice as large as the preceding wave structure. So both the rise and the answer, the back correction is twice as big. But here I note that this is true only for a "healthy" growing wave structure. Currently, restrictions on China's restrictions are anxious for investors. This is not the case at the exchange rate. But back to the technical analysis. The exchange rate is rising. For the second rise, it is around 5956.73 usd. There is a bigger correction possible. Exactly a double wave structure correction. This correction level is the 3952 level environment.

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