Correction for Bitcoin
2024-11-18

Hi traders,

I've changed the wavecount of Bitcoin because it turned out to be a leading diagonal.
Last week Bitcoin went up some more and after that it started a (corrective) downmove.

I think we could see a Triangle pattern or another move down possibly in the Daily FVG and after that another impulsive upmove.

Let's see what the market does and react.

Trade idea: Wait for the corrective downmove to finish before you take a long.

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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 trade signals.

Don't be emotional, just trade!

Eduwave