BTC in a Possible ABC Wave
The market is highly volatile, with major financial instruments experiencing a strong sell-off. This increases the likelihood that BTC may enter a short-term downward trend.
Looking at the charts, I’ve marked three key moments when the market was stable:
March 13: BTC tested 80,270
February 28: BTC tested 78,150
March 10: BTC tested 76,700
Additionally, since BTC is moving without strong trading volume and in a choppy pattern, the chances are higher that it may continue downward, forming the C wave of a larger ABC pattern. In this case, it could retest all three support levels mentioned above.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The market is highly volatile, with major financial instruments experiencing a strong sell-off. This increases the likelihood that BTC may enter a short-term downward trend.
Looking at the charts, I’ve marked three key moments when the market was stable:
March 13: BTC tested 80,270
February 28: BTC tested 78,150
March 10: BTC tested 76,700
Additionally, since BTC is moving without strong trading volume and in a choppy pattern, the chances are higher that it may continue downward, forming the C wave of a larger ABC pattern. In this case, it could retest all three support levels mentioned above.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade active
BTC is near to the second target:)
Trade closed: target reached
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t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.