Bitcoin
Short

BTC-Target for the End of the Correction

Updated
BTCUSD We are currently at in the midst of WAVE C of the Correction which is 5 Sub-Waves. The Fibonacci Retracement Level to look for is 1.618.

This selling will be intense and brief, hopefully your stop-loss hit so you can profit from the down turn.

WACE C TARGET: BTCUSD $8898-$8143

Hold on...its going to be a little bumpy.

snapshot

Count the WAVES.

Look for a Reflex Point that ends higher.

Count 5 Mini-Waves.

Count 3 Corrective Waves...Should be at 50% or 61.8% retracement levels.

Place stop-loss just underneath Mini-Wave 1.

Cheers!

Stay thirsty my friends,

-AB
Note
snapshot

I misread the target lines...

The Correct numbers are BTC $8143.80 (1.382) & $7722.79 (1.618)

Cheers,

AB
Trade closed: target reached
Chart PatternscryptocryptocurrenciesCryptocurrencycryptocurrrencycryptoprooffcryptotradercryptotradingcryptowolfTrend AnalysisWave Analysis

Also on:

Related publications

Disclaimer