BitcoinLong
One more wave? *bitcoin*
Hello Elite Traders
Welcome to a Bitcoin update.
We are still in range and are CURRENTLY holding the 9k low for this correction while a lot of people are expecting lower pricing. If this low holds This bull count for 1 more wave to complete a 5 is VERY possible. Taking some fib measurements like from the 1 to 2 gives use a 3 wave at the 6.618 target. The pitchfork provides some trend lines that the market seems to be following nicely.
Target for the fifth wave is $16,300 .
Invalidation at 9k.
Happy trading! ;)
Welcome to a Bitcoin update.
We are still in range and are CURRENTLY holding the 9k low for this correction while a lot of people are expecting lower pricing. If this low holds This bull count for 1 more wave to complete a 5 is VERY possible. Taking some fib measurements like from the 1 to 2 gives use a 3 wave at the 6.618 target. The pitchfork provides some trend lines that the market seems to be following nicely.
Target for the fifth wave is $16,300 .
Invalidation at 9k.
Happy trading! ;)
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Related publications
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.