Hi, I am posting this idea to share my view on how BTC might act from now on...
I believe we are now at a bearish impulsive wave structure, which might bounce back from the key resistance zones above, Even if we break it I believe we might still have a corrective wave and come back down..
If we break the resistance zone, our next stop would be at 10400 -10500
If we bounce back AT the resistance zone, our next target would be 8000 +-
Good luck and dont chase trades
I believe we are now at a bearish impulsive wave structure, which might bounce back from the key resistance zones above, Even if we break it I believe we might still have a corrective wave and come back down..
If we break the resistance zone, our next stop would be at 10400 -10500
If we bounce back AT the resistance zone, our next target would be 8000 +-
Good luck and dont chase trades
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Related publications
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.