Neutral view on BTC

업데이트됨
Currently I believe we could still be within a larger correction heading down towards the 33k Range.
We could still complete a 5 wave count up to 50k shown in the green wave count.
The end of that wave count could still be part of a correction within the bear cycle, but I would need to see how it acts around the targets mentioned.
액티브 트레이드
I had opened a short @42.2K in anticipation that we are STILL in the process of following through with this idea below.
SL @ 45k
TP1 @ 34k
TP2 @ 28k

Bearish outlook on BTC analysis


This previous Bullish move up to the 45k region was not anticipated but it still stayed below my defined resistance area from that post above. The market as a whole has been really volatile in terms of the market sentiment so I will keep a heavy eye on how it behaves around major Supports or Resistances.
Trend AnalysisWave Analysis

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