BTC shows complete 7 wave crashing structure and has held the support region.
Last wave in BTC was the capitulative wave where people panic sold and got liquidated.
Correction is over.
BTC got rejected from the 0.702 using the retracement rally of may and 50.4k to 54k is the region of heavy resistance.
In my TA , BTC and other alts are yet to peak and there is an altseason pending.
#NFA
Last wave in BTC was the capitulative wave where people panic sold and got liquidated.
Correction is over.
BTC got rejected from the 0.702 using the retracement rally of may and 50.4k to 54k is the region of heavy resistance.
In my TA , BTC and other alts are yet to peak and there is an altseason pending.
#NFA
Note
Now various altcoins are also showing this complete 7 wave corrective structure.Bottom is likely in or very far from current levels.
ETC
LTC
DASH
+ in all these coins ,there is bullish divergence on rsi
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Related publications
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.