I believe this was the end of the drop of BTC.
This was the end of wave 3, now we begin wave 4 ending at about 5800-6000.
The the final wave will end at 4800, at 1.618 extension of the wave waves and 1. extension of the ABC.
This was the end of wave 3, now we begin wave 4 ending at about 5800-6000.
The the final wave will end at 4800, at 1.618 extension of the wave waves and 1. extension of the ABC.
Note
Longs are looking really good We just had a bounce of the 0.382 fib, meaning that this was the B.
We are not going to push higher approaching wave C
Specific Targets for Long is
1st: 5768
2nd: 5863
Note
BTC is slowly climbing up the C wave. Wave 2 is completed now we are about to start our wave 3.
Target 5800.
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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.