With the start of the new trading week, the cryptocurrency market, and Bitcoin in particular, has revived. The price began rising from the very start of the day, leaving bears with no chance and solidifying its gains.
Thus, the formation of the third wave in the upward impulse is presumed to have commenced. Given that the first wave took the form of an initial diagonal triangle, a strong and prolonged impulsive rise is anticipated in the future.
For this reason, entering buy trades appears to be a highly promising trading decision.
Investment idea: BUY 87000, SL 86500, TP 98000.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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