EduwaveTrading

Is this the beginning of the drop for Bitcoin?

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi traders,

Bitcoin reacted of the Fair Value Gap and made an impulsive move down. After that it tried to break the high again but failed.

Now it's in a consolidation.
I think it can go down from here because the low is weak and likely to get broken.

At the moment I would wait for more clarity and a new impulsive wave down to look or sells.

Let's see what the market does and react.

If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.

This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.

Don't be emotional, just trade!

Eduwave

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.