SHORTING AT CMP.
SL - 8661
btc is making a correction pattern after the long downside rally.
thus it will complete its a-b-c formation.
Also testing the resistance.
for further downside of 8200.
Nifty monthly analysis , where we can see the 12447 is 423.60 times the wave 1-2.
Here we are going in wave 4 correction.
the wave 4 correction should be dbl wave correction.
btc at resistance.
8900 LEVEL BROKE .
WE MAY SEE NEXT SUPPORT AT 8200 .
MAKING THIRD WAVE OF ELLIOT WAVE PATTERN.