good morning ~
I have a feeling btc isn't quite done correcting yet.
The overnight spike in shorts, and the multiple touches of our local support, I'm not sure that it can hold much longer.
We'll either have to start moving up right now, or we see another leg down.
potential targets =
100% extension = 54,155
123.60% extension = 52,853
trade safe!
I have a feeling btc isn't quite done correcting yet.
The overnight spike in shorts, and the multiple touches of our local support, I'm not sure that it can hold much longer.
We'll either have to start moving up right now, or we see another leg down.
potential targets =
100% extension = 54,155
123.60% extension = 52,853
trade safe!
Note
We look to be in a wyckoff accumulation phase here,I don't think we're going to make it to mentioned targets, but we may raid the lows.
The next dip is for buying
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i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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.