One of my possible counts for BTC
This is my bullish count where BTC has 3 potential plays:
- If $8818 holds we will see W2 (pink) completed as a deep retracement
- If $8818 doesnt hold we may see a 1:1 Extension from A-B (green) which would turn out to be a double bottom
- If $8818 doesnt hold we may see the price bounce between the $8500 - $8760 region (orange)
Projection roughly: $8500-$8760
Let me know what you think!
This is my bullish count where BTC has 3 potential plays:
- If $8818 holds we will see W2 (pink) completed as a deep retracement
- If $8818 doesnt hold we may see a 1:1 Extension from A-B (green) which would turn out to be a double bottom
- If $8818 doesnt hold we may see the price bounce between the $8500 - $8760 region (orange)
Projection roughly: $8500-$8760
Let me know what you think!
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Related publications
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.