a Look at Bitcoin's Elliot Waves
Hello Traders,
One thing I always insist on is considering Monthly and Weekly timeframe for your bias.
Simply switching to these timeframes will clear things for you very well. give it a try and start looking at the BLX chart and make sense of it for yourself.
It will save you from bad trading decisions with BTC in this situation.
M15 M30 H1 H4 timeframes are not reliable at this market condition to find your bias.
You find a triangle on H1 and the price breaks it to the both side just not reliable.
Weekly is super clear at the moment, if you switch to the weekly you can tell the money is leaving the market and BTC is expected to rollover to the lows it made a few weeks ago.
Please share
One thing I always insist on is considering Monthly and Weekly timeframe for your bias.
Simply switching to these timeframes will clear things for you very well. give it a try and start looking at the BLX chart and make sense of it for yourself.
It will save you from bad trading decisions with BTC in this situation.
M15 M30 H1 H4 timeframes are not reliable at this market condition to find your bias.
You find a triangle on H1 and the price breaks it to the both side just not reliable.
Weekly is super clear at the moment, if you switch to the weekly you can tell the money is leaving the market and BTC is expected to rollover to the lows it made a few weeks ago.
Please share
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