Breaking aboe $8750 would invalidate my micro count on BTCUSD that currently shows wave 3 of 5 down. As it stands I still suspect that we are in wave 4 need a 5th down to complete this bottom. I see too many similarities with the last wedge as well, both in count and in technicals. Short near-term, bullish after a bottom is found.
Currently sell target: $8450, SL above $8750
Buy Target: $7550 & $7350, SL below $7250
Currently sell target: $8450, SL above $8750
Buy Target: $7550 & $7350, SL below $7250
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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.