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New signal, new round | Is the big ABC correction coming after all?

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@break-out-trader
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New 2H PG

A new signal has formed in bitcoin and could make for wild Asian trading. The last 2H PG was rather a flop, but maybe the turbo will be activated now.

Chance of an ABC correction

Everything looks bullish but that can change quickly in bitcoin. Anything is possible again, the price range around 39k is currently highly competitive. If we see stronger declines now, then a larger ABC correction is likely. My guess is that the PG on a daily basis would give a good push.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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I am not a financial advisor nor is any content in this article presented
as financial advice. Never invest more
than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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