Bitcoin - Going down to 3500 before flying
Updated
We should be in this wave 2 playing out as a Flat correction with wave B being a complex WXY correction.
We can also see strong divergence which indicates price will go lower.
There was a gap around 3500 and price has a tendency to fill those,
therefore, look for it as a potential support and buy zone.
This count gets invalidated if it goes below 3300.
How to trade this ?
Short it down to around 3500 if you like
Buy around 3500.
We can also see strong divergence which indicates price will go lower.
There was a gap around 3500 and price has a tendency to fill those,
therefore, look for it as a potential support and buy zone.
This count gets invalidated if it goes below 3300.
How to trade this ?
Short it down to around 3500 if you like
Buy around 3500.
Note
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Thanks !
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