Long

Updated

BTC looking to retest 9k ?

Fibs and EW pointing to possible 9k retest.
Might be an ABCDE correction, meaning consolidation.

Note

I think we bottomed at 8900, but we may have yet one more push down to 8800.
The sharp drop looked like a classic wave 3. So a 4 and a 5 might follow.

snapshot

Note

We may have bottomed a little higher than expected.
But I am suspicious. Those stops below 8800 are still calling.

snapshot

Note

Still looking like we have bottomed for now.
But I am still suspicious, so keeping some power dry.

snapshot

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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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.