Short
BTC-CNY - Final Leg Down
Looks like we just started our final leg down. This would be Wave (v) of 5 of V of C. [Wave (v) not show in this main chart.]
Also looks like we have a set of Fibonacci Clusters at around 960 yuan, which indicate a potential wave 5 (0.618) x the lengths of Waves 1-3 and wave V (0.618) x the length of Waves I-III (assuming my wave count is correct).
We should know in the coming days...
Also looks like we have a set of Fibonacci Clusters at around 960 yuan, which indicate a potential wave 5 (0.618) x the lengths of Waves 1-3 and wave V (0.618) x the length of Waves I-III (assuming my wave count is correct).
We should know in the coming days...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.