BitcoinShort
Leading First Wave Diagonal Pattern for BTC (BITMEX)
BTC has begun it's first impulse wave down after the A-B-C corrective rally from late Nov'.
We'll see a price bounce once it's completed, but that'll just be a corrective wave from this first impulse wave down. The price of that impulse wave shouldn't close above $3500, but it could wick it or get back near it. I target the first wave to finish at around $3251. But it could get worse, retesting the recent "bottom".
For the Elliot Wave Analyzers.
We'll see a price bounce once it's completed, but that'll just be a corrective wave from this first impulse wave down. The price of that impulse wave shouldn't close above $3500, but it could wick it or get back near it. I target the first wave to finish at around $3251. But it could get worse, retesting the recent "bottom".
For the Elliot Wave Analyzers.
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