BTC back to 55.7K in 8 Hours
Updated
yeah so time cycles arent really my thing. ive given it a try haha lets see. 8 hours from now. 55.7K.
we have our wedge as wave 2. wave 3 with a target of the 1.618 extension of 0 - 1 a retrace to the CC ( taken from a imaginary high of 57K ) from wave 3. and a end target of 57K ish from a harmonic. (not shown on chart). all retraces supported by a speed resistance fan (also drawn from the 57K level) and the volume range to show us it is atleast a bit likely. les see, les go
Also i see the volume profile didnt get through properly, but the boxes at the left were pointing out voids.
we have our wedge as wave 2. wave 3 with a target of the 1.618 extension of 0 - 1 a retrace to the CC ( taken from a imaginary high of 57K ) from wave 3. and a end target of 57K ish from a harmonic. (not shown on chart). all retraces supported by a speed resistance fan (also drawn from the 57K level) and the volume range to show us it is atleast a bit likely. les see, les go
Also i see the volume profile didnt get through properly, but the boxes at the left were pointing out voids.
Trade active
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.