Get started
Like2Move

Three support where the correction can end

Long
Bitcoin (BITFINEX:BTCUSD)  
Like2Move Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Wave Analysis
4
2
trendanalysis waveanalysis
(Or already ended). Depends on EW wave interpretation. Calculating as shown above, the main support will be at 6000 and 5000.
If the full 12345 has already gone, as shown below, then strong support will be in the 7000 area.
Comment:
Alternative EW count
snapshot
Comment:
The big correction already ended and the retrace target 10500+ reached
snapshot

Related Ideas

Like2Move
Targeting 13000
Like2Move
What's going on?
Like2Move
A next stage of correction: targeting 8000
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.