Bitcoin
Short

Short term wave C short Bitcoin play

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Bitcoin extended a bit more in 5th wave of wave (a) in blue since my last update.
Despite this, overall trade idea remains same as before i.e. to short the blue wave (c).
Alternatively, but less likely, blue wave (c) could also be force counted as completed. So trade with caution and managed risk.
Nota
Unfortunately, the alternate view as I had mentioned seems to be the case here.
Never got a chance to take the trade.
thread closed.
Bitcoin (Cryptocurrency)bitcoinshortbtcusdanalysisElliott WaveFibonacciSupport and Resistance

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