#BTC has not enough data to return point D - zone price 70,000~71,000$
However, the data is creating the basis for #BTC to pay the zone wave at 51,000~55,000$, When returning to this price zone, it is almost certain that #BTC will pay up to point D
The 3D frame has formed 3 green histogram candles => So the possibility of continuing to bounce up is very large, if the market drops in price, it will also happen very quickly and create a lower wick.
However, the data is creating the basis for #BTC to pay the zone wave at 51,000~55,000$, When returning to this price zone, it is almost certain that #BTC will pay up to point D
The 3D frame has formed 3 green histogram candles => So the possibility of continuing to bounce up is very large, if the market drops in price, it will also happen very quickly and create a lower wick.
Note
BTC needs breakout of $46,000 to confirm CD waveNote
March 2, 2022, #BTC has not broken out $ 46600 , the correction to $ 28200 has not changed
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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.