Bitcoin possibility
Updated
Not so much a reason to sell unless you have risk bought everything above 56k
the size of wave B is close to 105% the size of the A wave - if we flash crash hard enough , what has been building as a wave 3 of 5, will just be 5,3,5 zig zag representing a throwover B wave.
This type of ABC would be a running flat or an expanded flat if C falls further the end of A ... which would bring us to like 20k
Leaving some buy orders around the golden ratio would seriously not be a bad idea as you could essentially add a 1/3rd to anything you get
target is still 150K+ ... much higher if we go to the .618 FIRST
the size of wave B is close to 105% the size of the A wave - if we flash crash hard enough , what has been building as a wave 3 of 5, will just be 5,3,5 zig zag representing a throwover B wave.
This type of ABC would be a running flat or an expanded flat if C falls further the end of A ... which would bring us to like 20k
Leaving some buy orders around the golden ratio would seriously not be a bad idea as you could essentially add a 1/3rd to anything you get
target is still 150K+ ... much higher if we go to the .618 FIRST
Note
53k imminent I'm thinking
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.