BItcoin Bears will regain momentum from here and force the market down toward $30K; very likely we will break down below it but only for a limited time.
According to Elliott Fibonacci, we're currently in Wave 3 of the 3rd Wave of the final 5th wave down, for Wave Cycle 1.
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According to Elliott Fibonacci, we're currently in Wave 3 of the 3rd Wave of the final 5th wave down, for Wave Cycle 1.
Link up with me here: tradingview.com/chat/
Trade closed manually
Bulls will take the Wave up to $36.7Update analysis/idea soon come.
Note
Misaligned fib tool can be a cause of headache :).Top was truly $36.3.
Bears now continue the drop to $27K as expected.
Decode the wave, anticipate the move.
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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.
Decode the wave, anticipate the move.
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.