BTC/USD Next possible moves
After its 5 wave impulse, BTC has been correcting.
While correcting, it has formed a “meme” triangle.
I believe a move will transpire within the next 2 days, either slightly to the upside or to the downside.
Upside targets:
10500
10800
11200
Downside targets:
9750
9000-9200
If we break 9700, I feel we will bounce in the 9000ish region and make a small relief rally.
More will be added to this idea.
Excuse the sloppiness, it was published while commuting for tracking.
While correcting, it has formed a “meme” triangle.
I believe a move will transpire within the next 2 days, either slightly to the upside or to the downside.
Upside targets:
10500
10800
11200
Downside targets:
9750
9000-9200
If we break 9700, I feel we will bounce in the 9000ish region and make a small relief rally.
More will be added to this idea.
Excuse the sloppiness, it was published while commuting for tracking.
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.