Hello everyone!
Hope everything is fine and stay safe at your home. Now, we're going to chart the BTC/USDT, with 3 Wave Analyst Requirements.
1. Clarity - If you can't see a pattern, don't trade it.
2. Confirmation - Patience let each pattern evolve
3. Consistency - Long hours analyzing with clarity and confirmation.
For Clarity there's a pattern going downside if the btc won't reach the 7.4k.
For Confirmation maybe this will fall as a head and shoulder pattern.
Consistency - We need to analyst and do a risk management as we will see that we have a new pandemic virus going and still we're not fully recovery yet.
If the Btc break the $7.3k it will reach the wave 5. If not the bearish will happen and it will continue to 2.9k below based on our 1.618. A couple of months from now we're doing the Halving which is good from the bitcoin price but how can people buy if they're lots of unemployed and stay at home?
Honestly? Some of their brain asking bitcoin is not Safe haven as of the moment because they choose to buy foods, medicine, vitamins instead of putting their money on the cryptocurrency or banks.
You just need to become an Open Mind Set/ Flexibility to change your entire perspective from bullish to bearish vice versa.
