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TheAnonymousBanker

BITCOIN: Pullback before another rally?

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
TheAnonymousBanker Aktualisiert   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Wave Analysis bitcon BTCUSD btcusdanalysis cryptomarket Cryptocurrency elliotwaveanalysis elliottwaveprojection cryptocurrencies Contains image
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trendanalysis chartpattern waveanalysis bitcon btcusd btcusdanalysis cryptomarket cryptocurrency elliotwaveanalysis elliottwaveprojection cryptocurrencies containsimage
Hi Traders!
The trend is bullish on the main time frames, but today we will only follow intraday chart (Log Scale). That said, from a technical perspective, BTC is forming a 12345 bullish impulse structure, and we are currently in wave 3. If our analysis is correct, Bitcoin could trigger a corrective structure (ABC or ABCDE Pattern) in short term before developing another rally. On 1H chart we showed the support area and the potential amplitude of wave 5.

OUR LONG TERM ANALYSIS
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💥Bitcoin : Support area approach in short term

Bitcoin ($BTC): Analysis & Price Action in medium-term
Kommentar:
Kommentar:
...still bullish?
🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange

Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
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