Bitcoin
Short

BTC completing C Wav-possibility to go further down

By asho
Updated
for med-term as shown,already A&B waves are done,now C wave is forming 5 sub waves (out 5-3-5 correction formation),BTCwill pass through the support Fib levels 8850$,if not hold so 8250$,if not so 7700sh all the way to 7200 and may be more. of course the volume is a big player in this game,

that was may idea,all possibilities are on the table, please prey for MAMA COIN :)
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target 1 reached,first support Fib 0.5 (8850$) broke, we'll see if it will go further to 8250$ before the retracement.
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Target 2 reached,fib .618 (8250$), I expect retracment to wave #4 as shown on the chart
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BTC did not retrace and wanted to visit his aunt at 7700sh :) as first expected, i hope BTC start retracement son otherwise will continue to next targets which was 7200sh
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strong bounce from 7700 area, now start retrace expected to 8400 - 8700
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rally start for the Final station 7200$ area
BTC  Final station 7200$ Range
Trade closed: target reached
congratulation :)
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C correction wav done-target hit
Elliott WaveFibonacciTrend Analysis

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