First TA on this pair against USDT (I usually do my TA on BNB against BTC ).
The weekly (pink drawing) is in an uptrend so we have a bullish bias. The daily (yellow drawing) is also in an uptrend but already pretty old with 4 impulsions wave and therefore unsafe to trade on H4.
Even if nothing is telling us that a correction is coming and even if there is absolutely no sign of slowing down, I will pass on this pair simply because the daily cycle is already too old.
Thank you for giving me information about BTC, The weekly (pink drawing) is in an uptrend so we have a bullish bias. The daily (yellow drawing) is also in an uptrend but already pretty old with 4 impulsions wave and therefore unsafe to trade on H4.
Even if nothing is telling us that a correction is coming and even if there is absolutely no sign of slowing down, I will pass on this pair simply because the daily cycle is already too old.
can I ask you to make a TA about Ethereum? might help the Traders Token community in here
