FULL DISCLOSURE: This should not be interpreted as investment advice. I am not a professional and any input relating to my trend analysis is done on a hobbyist level. Please take any assumptions that I make with a grain of salt.
As I previously mentioned in my last published idea, it seems like the BTC market has reached Wave 4 and is now following the trend towards Wave5 where consolidation may occur. This would present an ideal buy in/long opportunity if it hits anywhere near the 200 day EMA range or if it breaks below the previous support.
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.