BTC on a Ascending Channel, based on the Eliot Waves it can hit 28,000 to 28,400 to liquidate the shorts and after that next week will attach all the longs. Target hit can be 25,000 to 24,000.
BTC can do one last attempt before dropping hard.
* Currently on a bearish megaphone (White lines).
* Also is forming a Bearish Bat Cypher Pattern.
* Loads of liquidation points for shorts.
Let me know your thoughts.
BTC Just Finished a retrace to the golden pocket (2nd wave) and Seems that it is Starting to form the 3rd Wave to the upside will it continue?
There are a lot of Short liquidations around the 30k Zone.
Let me know your thoughts.
Will BTC run and attack the Shorts? it is 65% likely it will, if not it will go to 25k however as recently it didnt do a lower low from the 25750 it might go higher.
