BTCUSDT- Further trend analysis after price revision
2024-10-28

BTCUSDT- Further trend analysis after price revision

Actually it took me a lot of time to reveal this hypothesis.
In my opinion,  we are in a very complex correction that the price hesitates below a very important downtrend line that prevent the  price to go to the sky.

I can count some waves and expect that the price is going down a little bit to 66,600 and then start a small impulse, wave c of wave (X).

so you can trade this small bullish wave and be careful of the (Y) impulse that may go down to significant value.

What I have to say, be careful and always use your own risk management strategy.