Follow the expected wave path on the 4-hour timeframe
A decline followed by a rise! 🚀
One proposed scenario is the formation of a driving wave within a contracting diagonal pattern, representing wave (1)/(A). 📈
We anticipate a downward movement targeting common correction zones, which correspond to Fibonacci ratios from 50% to 78.60% of the previous wave length. 📊
If reversal signals appear from these zones, it could be a positive indicator supporting the bullish scenario! 🌟 Additionally, breaking a key level may confirm these expectations. 🔑
Bullish wave targets: The goal of the upward wave is to achieve a new record level at least, and ideally reach 100% of the wave length (1)/(A)! 🏆 #Bitcoin #BTC $BTC
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Bitcoin (#BTCUSDT ) 🇺🇸
Follow the expected wave path on the 4-hour timeframe
A decline followed by a rise! 🚀
One proposed scenario is the formation of a driving wave within a contracting diagonal pattern, representing wave (1)/(A). 📈
We anticipate a downward movement targeting common correction zones, which correspond to Fibonacci ratios from 50% to 78.60% of the previous wave length. 📊
If reversal signals appear from these zones, it could be a positive indicator supporting the bullish scenario! 🌟 Additionally, breaking a key level may confirm these expectations. 🔑
Bullish wave targets:
The goal of the upward wave is to achieve a new record level at least, and ideally reach 100% of the wave length (1)/(A)! 🏆
#Bitcoin #BTC
$BTC