if we dont break throw the red line above (63k) we are going to hit a C before going long
i expect if all goes well c will be 45130 and it can go as low as 38 if people start open position between the final a and b thinking we are done correcting
it will make them hit sl and make btc drop more than 45130
this is not a financial advice dyor
i expect if all goes well c will be 45130 and it can go as low as 38 if people start open position between the final a and b thinking we are done correcting
it will make them hit sl and make btc drop more than 45130
this is not a financial advice dyor
Note
one more scenario that could happen is hitting 52-53 and bouncing up to anywhere bettwen 57 and 61 and then forming a,b,c
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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.