Short to 25th of March. 42600 for Long and 42300 for Short
Three entires in place until the end of march for BTC.
42450 seems to be a given for a short until 25th due to half valid elliot correction B-C.
Following a reaction after 42450,
1. if the price rises above 42600, a long opportunity, due to new impulse with a rebound from trendline bottom, after a correction from fib .382
2. if the price falls below 42300, a short opportunity, due to correction continuation down to 40k (fib .61) will follow
may be in place
42450 seems to be a given for a short until 25th due to half valid elliot correction B-C.
Following a reaction after 42450,
1. if the price rises above 42600, a long opportunity, due to new impulse with a rebound from trendline bottom, after a correction from fib .382
2. if the price falls below 42300, a short opportunity, due to correction continuation down to 40k (fib .61) will follow
may be in place
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.