Short-term Sell set up 看空
Bitcoin / U.S. dollarBitstamp
描述
⋅ Since the short-term structure remains bearish, I am incline to wait for a selling opportunity to pop up
評論
⋅ short-term bounce may continue and may test the 38.2% or 50% retracement levels
評論
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looks like a bearish pattern is almost done評論
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there has been no impulsive decline so far, price could still go up評論
⋅ e.g. a double zigzag correction
評論
⋅ if there is another push above wave y then we can label w-x-y as a-b-c flat
評論
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break below 6510 could indicate the recent high is the end of wave y評論
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could be another wave up to test the 0.618 retracement level