I have updated the trading plan and wave levels layout for bitcoin.
Overall, there is a possibility that the upward movement in wave 4 might have already ended and the bitcoin price is already heading towards reaching new lows.
I will act on the situation. If the price falls below $22,000, I will open short on both bitcoin and other coins on a local upward correction. If the decline ends at $22,000 (where it is possible to open a long position), the price will continue to form a more complex correction within wave Y of wave 4.
I advise opening positions only if good local trend continuation patterns are used. Also check out my GTCUSDT trading plan for the near future -
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.