[BCTUSD] EW ANALYSIS ON H1 CHART

No change from our last analysis (EW), the pair should have completed wave (1), or almost (see potential 3D PATTERN on chart below), and the next swing should develop some kind of corrective structure (wave 2), if this happens, the completion of it should be considered a SELL OPPORTUNITY by market.

EW ANALYSIS

POTENTIAL 3D PATTERN

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Kommentera:

the corrective structure can only start above 6.548

Kommentera:

At the moment the price still remains below 6.548, and this means that the corrective structure has not been activated. With this the mind, we continue to follow the pair on intraday chart, and if there is any change, we will publish a new update immediately. In conclusion, our main driver remains the analysis published below, click on it for further information and insights:

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Handel aktiv:

corrective structure in play....

Kommentera:

We begin to think that behind these "Crypto Gurus" there are the most skilled stop hunters. They continue to have a bullish view and continue to advise buying bitcoins, despite a clear price collapse... and if this were true?

Kommentera:

however, do not forget to use a stop loss to protect your money... good luck to everyone!