BTC - After Completion of 5 waves cycle creating ABC

BTC Taking support and red solid line. But green line shows trend line from Wave 2 to 4. Further, Fibo-17, Fibonacci retracement level is 26,866.

There are these three possible areas of retracement, in the following order:

1. Red Line

2. Green Line

3. Worst cum worst White Line.

Expect a level of 37,000.

You may please mark these levels and execute accordingly using William R% or RSI indicator and EMAs.

Author uses Gann, Fibonacci, Wave Analysis and unique personalised angle, which help is avoiding complex Price, Time and Volume Analysis.

Disclaimer:
This content is not a recommendation, just a sharing of knowledge for educational purposes. Please consult your Financial Advisor before making any decision. Author is not a Registered Analyst with any Regulatory Authority.

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Comment:

Please refer to my todays idea on BTC for update.