BITCOIN - Long Trade Idea For A Zig-Zag...In corrective patterns, Wave 2 can sometimes include large expanded waves.
Hereโs a simplified example of a potential Zig-Zag trade.
The critical support level is at the start of the move at $79,962, while key support lies at the 0.786 retracement level at $81,635 if we break above $84,630.
The target for Wave (C) is $90,547, aligning with the length of Wave (A).