Top In For Wave 1 Circle, Looking for $4500-8000 Correction
This is really just a follow-up on my previous BTCUSD chart....now looking at short opportunities.
The 50% is around $6600
0.618 is around $5500
0.764 is around $4500
If we hit 8K rather rapidly (days/week), I would expect a more complex correction.
The upward projections are using Log Fib extensions and are based on a low of $6600 for wave 2 Circle....which will probably change.
The 50% is around $6600
0.618 is around $5500
0.764 is around $4500
If we hit 8K rather rapidly (days/week), I would expect a more complex correction.
The upward projections are using Log Fib extensions and are based on a low of $6600 for wave 2 Circle....which will probably change.
Nota
BTCUSDSHORTS still dropping and still at an extreme low level....5400 at the present time.We still probably have a ways to go down in price. At some point, I think shorts will dramatically jump up and that's when I start thinking about getting in everything....long of course.
Trade fechado: objetivo atingido
We could still reach $6600-6800...BTCUSDSHORTS are extremely low....expecting them to jump up closer to THE bottom. Looking for long positions.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.