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Technical analysis by DataSeer_TB about Symbol BTC on 4/2/2024

https://sahmeto.com/message/1638446
DataSeer_TB
DataSeer_TB
Rank: 13275

BTCUSD SYMM CONSOLIDATION

Neutral
Price at Publish Time:
$66,512.52
،Technical،DataSeer_TB

What happens after a long run none stop? A walk of rest, let’s apply it with prices now We all know what had happen with BTCUSD longing was very long according to wave principle summarize it as “after the long run, rest!(Retracement)”, here in BTCUSD we are dealing with Symmetrical Triangle which is a form of correction pattern described by Elliott to be the preceding movement after a spike, a drastic movement, often a wave IV of wave V, while trading this pattern be sure to trade with your risk management skill align.

Source Message: TradingView
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