Bitcoin / TetherUSShort
A Finished Contracting diagonal in wave 1 of 5th macro wave
Locally BEARISH - Mid-term BULLISH
Possible finished Contracting Diagonal in wave 1 of the macro EW cycle from the lows of 15K.
In such case we will expect a correction, preferably, in a zig-zag form. Regular targets for wave 2 are 0.5-0.786 FIBO.
Green target box represents more common target area!
Possible finished Contracting Diagonal in wave 1 of the macro EW cycle from the lows of 15K.
In such case we will expect a correction, preferably, in a zig-zag form. Regular targets for wave 2 are 0.5-0.786 FIBO.
Green target box represents more common target area!
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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.