Above 65094 and clearing 70028 we are looking to the upside for wave (iii) of ((v)).
Update with targets soon!
See also my related idea!
Hit the like button if you like my analysis and follow me for future updates!
Good luck!
Update with targets soon!
See also my related idea!
Hit the like button if you like my analysis and follow me for future updates!
Good luck!
Note
Updated the count with an impulse started from 56600 and the wave (v) at 72144 that is truncated.
Below 67280 we allow to unfold in 5 waves wave c from a zigzag correction wave (ii)).
We are looking for a possible support at 0.786 fib retracement.
Note
Price below 66467 is favoring a continuation to the downside for Bitcoin.
Down from 72144 a leading diagonal wave a ended 64009.8.
Below 66467 we are looking to the downside in 5 waves for wave c of (ii) with possible target 0.764 fib retracement of wave (i).
I will post an alternate count if price is keeping 63420 and will clear 66467 level.
Note
Bitcoin bouncing into critical support level.
As the price keep 56600 (our invalidation level) and clear 66467, we are looking to the upside for wave (iii).
Changed wave (ii)) into a complex correction with equality between waves x and y and wave c (micro degree) of wave w an ending diagonal.
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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.