BTCUSD Nearing End Of Wave (3), Long-Term Long
Short-Term $1000 correction.
It appears we have nearly completed wave (3). As soon as this is complete, expect a ~$1000 correction for wave (4). Between $6000 and $7500 we are in risky territory of wave 1 Circle being complete and a deep correction for wave 2 Circle.
This is really just an update on the linked chart below, so nothing has changed.
It appears we have nearly completed wave (3). As soon as this is complete, expect a ~$1000 correction for wave (4). Between $6000 and $7500 we are in risky territory of wave 1 Circle being complete and a deep correction for wave 2 Circle.
This is really just an update on the linked chart below, so nothing has changed.
Note
Negative divergence and we are above where wave (3)/(5) or 3 Circle SHOULD end...still haven't seen a (larger) pullback for 4 Circle.Note
I still haven't seen a significant enough pullback for wave (4)...we may have only just completed wave (3).Note
BTCUSDSHORTS are plummeting (straight down from >32K to 16K), be wary of a significant top.Trade closed: target reached
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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.