BTC Reversal Hunting!!!!
Updated
The following level should be watch for possible reversal
Immediate Revesal Level:
6942
6815
6740
Critical Level to watch for if the above failed:
6455
6365
6356
Moreover, 61.8% fib level happened to be the top side of the previous Ascending triangle which make this level strong countender for possible price reversal.
#Key Level to watch# 6740 - 6810.
Immediate Revesal Level:
6942
6815
6740
Critical Level to watch for if the above failed:
6455
6365
6356
Moreover, 61.8% fib level happened to be the top side of the previous Ascending triangle which make this level strong countender for possible price reversal.
#Key Level to watch# 6740 - 6810.
Trade active
This could be final leg down.Trade active
Bottom of wave 4 seems to be established around 6885$. But there is every possibility of re-test of this level again. So we highlighted 6770 to 6885 to be our bottom for wave 4.Next target for wave 5 is 9900 level.
Trade active
Finally, BTC was hit with bombshell of ETF decision date been shifted and the whole market go crazy, which broke down 6850 with full force and broke the last standing 6800 level.Now we have a new scenario in play as next support level lies between 6300-6100.
We may have possible re-test on the previous level at 6800 before further drop.
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