BitcoinShort
Bitcoin Traders Play Tug of War as The Flat Extends South
Bitcoin has extended northwest but more so sideways than up. With B Wave extending to 1.38 of A, we can expect the all too common, Extended Flat to manifest in bearish fashion. The most common targets for C wave of an Extended Flat are 1.23 and 1.618 of Wave AB. These targets will take us down to the range of 38K - 30K; also the same level as the previous sub-wave 4. Undoubtedly, this will result in more bullish activity. Tread lightly.
This Wave count will be invalidated with a daily closure above $64,200.
This Wave count will be invalidated with a daily closure above $64,200.
Join me on the waves, where its safe. discord.gg/QRPx6ShxMt
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.