BTC in a Possible ABC Wave
The market is highly volatile, with major financial instruments experiencing a strong sell-off. This increases the likelihood that BTC may enter a short-term downward trend.
Looking at the charts, I’ve marked three key moments when the market was stable:
March 13: BTC tested 80,270
February 28: BTC tested 78,150
March 10: BTC tested 76,700
Additionally, since BTC is moving without strong trading volume and in a choppy pattern, the chances are higher that it may continue downward, forming the C wave of a larger ABC pattern. In this case, it could retest all three support levels mentioned above.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The market is highly volatile, with major financial instruments experiencing a strong sell-off. This increases the likelihood that BTC may enter a short-term downward trend.
Looking at the charts, I’ve marked three key moments when the market was stable:
March 13: BTC tested 80,270
February 28: BTC tested 78,150
March 10: BTC tested 76,700
Additionally, since BTC is moving without strong trading volume and in a choppy pattern, the chances are higher that it may continue downward, forming the C wave of a larger ABC pattern. In this case, it could retest all three support levels mentioned above.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade attivo
BTC is near to the second target:)
Trade chiuso: obiettivo raggiunto
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.