Wave 1 Leading Diagonal in Progress
Contrary to my previous TA I now believe that BTC is manifesting a Wave 1 leading diagonal.
I expect this to peak at about ~$9044 before a 50%+ retracement for it's wave 2.
Once this retracement is complete then the stage is set for wave 3 with a peak at around ~11.8k.
I expect this to peak at about ~$9044 before a 50%+ retracement for it's wave 2.
Once this retracement is complete then the stage is set for wave 3 with a peak at around ~11.8k.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.