Update (Scenario No. 2)

Updated
Hi everyone
On Feb 17, I suggested that there are two scenarios:

Scenario No. 1 (Five-wave-move, Stop loss= $39500)
Scenario No. 2 (Three-wave-move, BTC < 39500),

Scenario No. 2
This pattern is a 3 waves corrective move labelled as ABC. we can see two immediate wave count possibilities (Wave B and Wave c)

Wave B:
Target =37800
(BTC < 37800 ---> Stop loss 10%)

Stop loss :
A Possible scenario is shown in the chart.

Wave C
Once the correction is complete, wave C should begin.


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Bitcoin (Cryptocurrency)BTCUSDBTCUSDTTrend Analysis

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