I think I count five Elliott Waves on Bitcoin, and it could be a potential short setup. However, the indicators are certainly bullish, so proceed with caution.
The target is the middle of the 0.382 and 0.236 Fibonacci Retracement.
Entry: $12900
Stop: $13263
Target: $12400
The target is the middle of the 0.382 and 0.236 Fibonacci Retracement.
Entry: $12900
Stop: $13263
Target: $12400
Trade closed: target reached
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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.