BTC/USD Complete Correction ???
Neither of these correction completions may come to play, however, being aware of the possibilities can allay any fear, uncertainty, or doubt.
The purple 12345 waves would be the completion of an ABC correction. (No room for any more lines.)
Support: 8K - 7.5K (Potential buy opportunities.)
The purple 12345 waves would be the completion of an ABC correction. (No room for any more lines.)
Support: 8K - 7.5K (Potential buy opportunities.)
Note
Support lines breached.Severity of correction under estimated.
Top trend line resistance remains in play.
Idea Closed!
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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.