lecbanehtu
@t_lecbanehtu
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lecbanehtu
Same situation - seems like an ending opening wedge. By price discovery the liquidity will be taken and then we go probably for liquidity on the other side.
lecbanehtu
In my opinion we see a healthy correction as part of Eliott count wave 4 on daily basis.By Eliott-count rules wave 4 should nod accross 0,5 retracement value, on 0,386 we see a nice confluence.So, I expect correction to 60100 - 60250 and then wave 5. uptrend to aprox. 85 000.
lecbanehtu
I'm presumably bearish on BNB now in midterm. But this shows a classical broadening wedge in short uptrend - like a charm...Staying long till 220-221 from a confirmation line.Good luck.
lecbanehtu
Looks finally like a reversal...Just an idea - no financial advice!Cheers....
lecbanehtu
Hi, I look quite a long time at BTC chart - all I can see just now is a rare formation on 4H - right-angled ascending broadening wedge.Meaning of such formation is dubious, but this time I'm pretty sure, it's a reversal pattern - will short BTC.Target around 21500.Cheers...
lecbanehtu
Hi, since shorts on BTCUSD are rapidly rising, Is a drop-down expected...I can see an expanding triangle - a reversal pattern - bearish...Expecting 5-waved impulse pullback from around 41700 to 37750.
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