BTCUSD is finding short-term resistance at the .618 / .764 extension of wave ((1)).
Wave (i) of ((1)) can complete here and we can see a correction towards the .618 retracement, around $3.877.
In any case, I am bullish long-term on BTCUSD and have a target around 6.800 for this upmove, at which point we can see a larger correction.
Best of luck to your trading! :)
Wave (i) of ((1)) can complete here and we can see a correction towards the .618 retracement, around $3.877.
In any case, I am bullish long-term on BTCUSD and have a target around 6.800 for this upmove, at which point we can see a larger correction.
Best of luck to your trading! :)
Note
Seems like we are taking the more direct route to 6.800 USD.
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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.