Sunday, July 4, 2021

LONG BTCUSD 04/07/2021



Analyst Expectations:

  1. This is a raising/ending diagonal terminal pattern
  2.  It occurs at Wave C [Corrective pattern] or Wave 5 [Impulsive pattern]
  3.  I expect price to close a bit above 78.6% of Wave 3 but won't touch 100%
  4.  The next price action should be a downward corrective pattern if it is a Wave 5 terminal pattern
  5.  Alternative, if it is an ending diagonal Wave C, i am expecting a Corrective Wave X then a probable Zig-Zag corrective pattern that will take the price higher

https://www.tradingview.com/chart/BTCUSD/5cxYHyuo-LONG-BTCUSD-04-07-2021/