Bitcoin / TetherUSShort
what move get happen?
there is 2 senaro for btc
senario 1 : we have a 5 wave and price come up to 51500
senario 2 we have a 3 wave and we are going for 24k - 19k
if senario 1 get happen the max price at this move should be around 51500
and price should going up from 0.382 of fibo ret (37500)
if senario 2 get happen we sould lose support 0.382 fibo
senario 1 wave count shown with blue line and
senario 2 wave count shown with red and yellow line
i think senario 2 is most posible than senario one becuse i belive we are in bear market
and in bear market we have abc elliot wave not 5 wave
senario 1 : we have a 5 wave and price come up to 51500
senario 2 we have a 3 wave and we are going for 24k - 19k
if senario 1 get happen the max price at this move should be around 51500
and price should going up from 0.382 of fibo ret (37500)
if senario 2 get happen we sould lose support 0.382 fibo
senario 1 wave count shown with blue line and
senario 2 wave count shown with red and yellow line
i think senario 2 is most posible than senario one becuse i belive we are in bear market
and in bear market we have abc elliot wave not 5 wave
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.