BTCUSDT
In the last idea, the trend changed once again due to the diamond pattern, and it went up without falling any further.
This was unexpected.
It rose due to BlackRock's ETF symbol upload, and the CME gap is now completely filled.
In this rising situation, we missed the opportunity to buy cheaply.
But I don't think this rise will last.
Historically, Bitcoin has experienced larger declines following retracements prior to the halving issue.
Right now, I am drawing this picture.
It is judged that the price will rise by about 5-10% and then fall significantly in the short term. However, I would like to keep in mind that as the price rises rapidly, the reversal of the decline may be large.
※Does anyone know how to upload a photo in the comments?
I would like to upload photos of each major point.
Comment:
If I take a position, I would like to go long around 33040.
Comment:
If you want to trade safely, there is a way to wait for a sell position at the top
Trade closed: target reached:
Waves 3-5 are confirmed to be complete.