DrDarvas

BTC/USDT New Update - short-term buy volume looks good

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DrDarvas Uppdaterad   
BITMEX:XBTUSD.P   Bitcoin
After BTC escaped the Curve at the price of $35xx, to increase and stop at $39xx, BTC continued to move sideways.
At this time, Buy Volume still showes excitement and there is no sign of decline
BTC goes sideways and forms a Triangle pattern in a smaller time frame (will be updated in the H1 frame chart) showing the corrective wave (Elliott), ending the corrective wave, the main wave will continue.
This main wave will decide whether the buy volume is strong enough to increase sharply or just stop at Target 3 - $40xx
Only when the BTC exceeds the strong resistance of $42xx- $43xx, can we hope for a bright tomorrow for BTC

We will continue to update the market
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Kommentera:
This corrective wave forms a triangle pattern, the potential for prices to keep going up
Kommentera:
DONE target 3 and more than that!!!
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