BTCUSD simple analysis: bearish to bullish

4 thg 6

Chart reached 70.25k and went bearish, staying in a state of sideways. This sideways form a triangle which broke below. Watching USD strength, there's a great chance that bitcoin will get even weaker making a bearish trend, but for safety, I don't recommend on selling. D1 timeframe shows that tuesday haves high chance to finish bullish, so if bearish happens, it may only be a bearish shadow and candle may transform to bullish at the end of the day.

• Hope to recieve boost!
  
• This follows up my D1 plan, fifth wave of Elliot Wave.
  

Trade wise 👍.

4 thg 6

Ghi chú

I said that bitcoin becomes weaker, but the correct way is "stronger", because dollar is now strong but bitcoin becomes stronger to make the bearish.