BTC Correction is NOT OVER ! Look at the larger Timeframe!
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Hey guys! Here is an overview of the current situation! We're still in correction it goes in short term up, because we are at the Moment, in the 4 Elliot Wave, as soon as this is finished, the last 5 wave impulse follows downwards. All patterns meet in the same area I have marked.
1. Fibo retract 0782. 2. Support Line 3. Support Trend Line 4. Fibo extension 61.8 (Wave 3- 4) So it's possible that the price can drop to about 4500-4800 $ .To start a new bull run again . I am pleased about kontruktive criticism. Happy Trading!
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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.