Saadmeem

Rational move!

Saadmeem Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
if there won't be a fud in coming week, and the story of BTC ETF become more serious, it’s expected to see such a Elliot wave! BTC can grow up to 27.3k area, make a correction to 26.5 k, then move toward 30k.
Trade active:
The first wave is completed now and BTC touched 27.2k area. Now it may make a correction to 26.5k area.
Trade active:
Apparently, this wave doesn’t have enough power to break 30.5k resistance. So it is better to take profit here and set a stop loss on 28k.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.