Hi traders,
Bitcoin is still slowly going lower for wave 1/A.
The sells from the supply zone were a good idea. From there it dropped very hard.
At the moment the orderflow is bearish but there's no possibility to trade right now.
The bearish reversal is confirmed when it closes under the swing low.
Let's see what the market does and react.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Bitcoin is still slowly going lower for wave 1/A.
The sells from the supply zone were a good idea. From there it dropped very hard.
At the moment the orderflow is bearish but there's no possibility to trade right now.
The bearish reversal is confirmed when it closes under the swing low.
Let's see what the market does and react.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave