BTC // potential for one leg down
The move down on BTC fits nicely in this wave channel drawn from the peaks of w1 and w3.
I made this my case as it displays a very apparent alternation between a flat w2 and a sharp w4 correction.
The w5 target is also in confluence of the hourly OB located on the 1st pullback of the initial bottom in June 18ish
I made this my case as it displays a very apparent alternation between a flat w2 and a sharp w4 correction.
The w5 target is also in confluence of the hourly OB located on the 1st pullback of the initial bottom in June 18ish
Note
stopped out at b/e
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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.