This is my fav scenario for now cos the retracement hit the 0.3 fib and wave 2 was so powerful.
Wave 4 have 60% chance to retrace between 0.3 and 0.5% but was 2 was a huge killer and when you
have a strong wave 2, wave 4 are much less.
MA21 was a great test.. a lot of liquidity there, awesome move by the market makers.
For sure it's early and Bitcoin can go to 27382$ but if we stop here, you have my targets.
I want to wait candle close to confirm the bottom of the wave 4, i will let you know here.
Wave 5 Bitcoin possible targets
100% = 41.3k
161.8% = 48k
261.8% = 58.9k
Have a great day !
Wave 4 have 60% chance to retrace between 0.3 and 0.5% but was 2 was a huge killer and when you
have a strong wave 2, wave 4 are much less.
MA21 was a great test.. a lot of liquidity there, awesome move by the market makers.
For sure it's early and Bitcoin can go to 27382$ but if we stop here, you have my targets.
I want to wait candle close to confirm the bottom of the wave 4, i will let you know here.
Wave 5 Bitcoin possible targets
100% = 41.3k
161.8% = 48k
261.8% = 58.9k
Have a great day !
Note
0.3 fibo has been hit, if we break that fibo 27.382$ would be the 0.382
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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.
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.