WXY Correction? An alternate count to BTC's current retracement.
208
A more complicated correction wave count for bitcoin.
Note
IMO, a short entry at this range would be a bad idea. Even on a tight loss just above the primary target for B, the R/R isn't even 3. This count is just for a support level (or long entry) in the bearish case of 7700 not holding up later.
Note
At target support level. Enter long at 7200s w/ stop loss below 7000. Support should hold.
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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.