BTCUSD Unfolding A Bullish Reversal
BTCUSD is trading nicely higher for the last couple of days, suggesting that maybe bigger correction on BTCUSD is over. We see a possible low at the 5904 level, from where a nice bounce followed. This can now represent wave i, followed by wave ii that can see support around the 7212 level.
Remember we are first looking for only a three-wave reversal to the upside. This is our minimum expectation.
Check out video for more details.
If you see value in video please like this video or leave me a comment below.
Disclosure: Please be informed that information we provide is NOT trading recommendation or investment advice. All of our work is for educational purposes only.
Find more: Contributing Authors