BTCUSD - (VERY) SHORT TERM expect lower prices
Updated
The black triangle count, if correct, indicates us that price will fall one last time [\b] before starting to rally ![\b]
Therefore, I am maintaining my short trades for a bit longer.
And just added a new one @ 7600 with first target 5755.
*** You can short it if you like at current price with a Stop at the black trend line for exemple.
Ideally, I would like price to break the 5000 line (just to crush the last hopes of the crytosphere)
--------------------------
But Beware [\b]
If price moves above 8500 (wave C), this then negates the count as wave E cannot move beyond wave C high.
Therefore, I am maintaining my short trades for a bit longer.
And just added a new one @ 7600 with first target 5755.
*** You can short it if you like at current price with a Stop at the black trend line for exemple.
Ideally, I would like price to break the 5000 line (just to crush the last hopes of the crytosphere)
--------------------------
But Beware [\b]
If price moves above 8500 (wave C), this then negates the count as wave E cannot move beyond wave C high.
Note
Told you so !Note
First Target Reached!Second Target @ 5280
Third one @ 4440
Next one @ 3100 !!! (Most important one)
Keep an eye once the 5000 level is broken.
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Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
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