cryptowaveman

Bitcoin corrective up

Long
BITSTAMP:BTCUSD   Bitcoin
Got to my target price for the micro down on this but didn't anticipate a diagonal. think we see some kind of corrective move upwards and then expecting another low ~44k assuming a 1:1ABC move or down to 40k if setting up for a deeper correction.

move up could get all the way to 49.5k and still have the ABC/more bearish move in play.

if we get under 45.5 more immediately bearish.

eyeing Cardano ADAUSD here and others to take advantage of this potential corrective move up

not financial advice



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.