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[10/26] Beast Trading _ Today's Bitcoin Analysis

BINANCE:BTCUSDT   Bitcoin / TetherUS
Beast Trading _ Today's Bitcoin Analysis

At 22:30 yesterday, Nasdaq showed a strong rise just before the opening, and Ethereum and Bitcoin also rose

Ethereum, in particular, rose very strongly, leading Bitcoin.

It's accompanied by transaction volume, and Bitcoin has formed a 20.4k high, and it's moving up and down the current section

From 18.2k digits, the length of A (18.2k to 19.9k) and C (18.6k to 20.4k) are equal in a 1:1 ratio. (meaning the increase is the same)

Usually, in ABC waves, a falling wave starts after being hit by a resistance in a 1:1 position.

Therefore, if the trading volume of the decline is quite close here and falls without exceeding the 20.4k high, it will be advantageous for the time being.

If the C wave appears as an impulse wave rather than abc, it seems that it will be possible to increase one more wave after convergence in the current section. (Renew 20.4k high.)

It's still moving near the high point, so it's an ambiguous situation, but you can predict the next movement by looking at the movement from this high point.

We will continue to brief you in real time in the Kakao Talk room, so let's watch the movement and respond! Responding to this position is important.
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