This chart isn’t well adapted to EWT . When I see charts like this I like to let it play out a lot longer before I put waves.
However its always reasonable to assume that the retrace might hit the .618 retrace and that’s where I drew my TP box, assuming the bottom is in.
There might be another retest of the descending trend line , but I am expecting a bounce in the near future.
BTC: Heading Back Down BTC/USD COINBASE:BTCUSD LA_Designer BTC broke the bottom upward trend line from the last 6 days and is now near horizontal support around $28.6K – $29K. I would expect a move down […]
ZILUSDT, buy? Zilliqa / TetherUS BINANCE:ZILUSDT maximleanke Hi, dear traders. This time view is about ZILUSDT. As you can see the chart ZIL has slightly risen and has broken the resistance zone . ZILUSDT is […]
Bitcoin long view 40k Bitcoin / US Dollar (calculated by TradingView) BINANCE:BTCUSD Financebroker Bullish scenario: • We need the continuation of the current positive consolidation, and with the support of MA20, we hope that the […]