Hello every one 🌱
This is long senario on bitcoin after completing the FTR pattern.
We should not expect strange growths in the price of Bitcoin right now.
Note that we are currently in the 4th wave in the weekly timeframe and the 4th wave is also called the headache wave. Because it is a very boring and slow wave.
Down time analysis in this wave is really difficult and we get most of the confirmations by rsi divergence and by the volume of candles.
So, we should not expect strange sharp growths at all.
Good luck✌🏼
This is long senario on bitcoin after completing the FTR pattern.
We should not expect strange growths in the price of Bitcoin right now.
Note that we are currently in the 4th wave in the weekly timeframe and the 4th wave is also called the headache wave. Because it is a very boring and slow wave.
Down time analysis in this wave is really difficult and we get most of the confirmations by rsi divergence and by the volume of candles.
So, we should not expect strange sharp growths at all.
Good luck✌🏼