Left fibo levels are $11.7k - $6.4k, right one are $6.5k - $9.7k. 38.2% fibo may end this correction especially because this level is also around local high from April 15th.
Also we are currently above ALL down-trend lines (log and linear) from Bitcoin ATH so basically we just started (April 19th) new - at least local uptrend.
Also we are currently above ALL down-trend lines (log and linear) from Bitcoin ATH so basically we just started (April 19th) new - at least local uptrend.
Note
There is also a possibility that we are now in the wave nr 4. So 5th could bring us under $11.7k.Note
We left wedge a bit faster. Possible end of wave B currently:Note
Last attempt to drawing this correction. Looks like we are lacking of last 5th wave (of B wave) so we could reach $9500 and start to go down after that.
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- discord.gg/HyzyrtnpP3
My Twitter Account: twitter.com/Crypto_Investor
Disclaimer
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We are group of mostly Polish traders but welcome everyone to join our Discord crypto&fx group: ChartInsiders.com
- discord.gg/HyzyrtnpP3
My Twitter Account: twitter.com/Crypto_Investor
- discord.gg/HyzyrtnpP3
My Twitter Account: twitter.com/Crypto_Investor
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.