I expect one last leg down to 8460 as an ABC correction, C wave could go down to 6500 but B was too extended for that to happen. We are also at the 0.236 all time high as a resistance. Also we have my beloved RSI bearish divergence.
I will short this (3:1) wave down and enter a long position after.
IF BTC BREAKS 9520, THE COUNT WILL BE INVALIDATED AND WE WILL BE STARTING WAVE 5.
I will short this (3:1) wave down and enter a long position after.
IF BTC BREAKS 9520, THE COUNT WILL BE INVALIDATED AND WE WILL BE STARTING WAVE 5.
Note
Profit targets:
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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.