Hi guys!
I would like to start by mentioning that I'm not an experienced trader by any means and you shouldn't trade based on my ideas. I'm publishing all these ideas so experienced people could take a look and comment.
Even if I see a lot of FUD regarding BTC, I think it will "moon" soon. That's because the 4th elliot wave seems to be done and it will be followed by a long 5th wave, because we all know the fact that in crypto the 5th wave is usually the longest.
Also, if you take a look at the MACD we can see that it forms some kind of breakout pattern.
RSI doesn't look that good at the time we are speaking but it can easily change.
If you have any comments, please do! Any comment, good or bad, is highly appreciated!
I would like to start by mentioning that I'm not an experienced trader by any means and you shouldn't trade based on my ideas. I'm publishing all these ideas so experienced people could take a look and comment.
Even if I see a lot of FUD regarding BTC, I think it will "moon" soon. That's because the 4th elliot wave seems to be done and it will be followed by a long 5th wave, because we all know the fact that in crypto the 5th wave is usually the longest.
Also, if you take a look at the MACD we can see that it forms some kind of breakout pattern.
RSI doesn't look that good at the time we are speaking but it can easily change.
If you have any comments, please do! Any comment, good or bad, is highly appreciated!
