Nailed_it

A Tale of Two Counts: BTC finally showing its hand?

BITSTAMP:BTCUSD   비트코인
The weekly chart is clearly showing momentum in a downward direction. Green count has BTC testing the .382 retrace of circle wave iii before going to complete the green wave (3) of a larger degree. Note green wave 4 tested the .382 retrace of the minor green wave 3. Price needs to turn up fast and strong for Yellow count to stay on the board. The weekly MACD should be giving everyone some pause since its not even curling up. Also, the monthly MACD is crossing over down for the first time in a long time. Momentum is fading from what I believe view as an epic B wave rally with the micro counts showing the formation of a green count downside set up. Yee be warned!

#AllMeasuredMoves
#NotAdvice
#Not Recommendation
#IDontEvenInvestInCrypto

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.