The setup for this trade is waiting for a last wave down (wave 5), ending a ABC correction. We should see a retrace to the 4th wave after this 5th wave, depending on the movement of bitcoin ofcourse. The points of interest here are around 250 (double bottom) or around 200, as it is a psychological barrier.
Note
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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.