BTCUSD correction Done? or more Down? Bitcoin retrace watch

已更新
This is a followup to my ongoing analysis of Bitcoin moves.
After explosive growth, we are in the midst of a correction.
Correction MAY be done, but likely one more leg down yet.

Above are two possible correction pathways.
WxYxZ seems more likely than an ABC path.
Regardless of path, the Zones are dependable.

7666-7708 may well be the bottom for now.
7450-7445 is important from higher time frame.
7223-7281 could be the Uptrend killer if breaks.

Previous BTC analysis (in chronological order):
3.1k Bottom plot
3.4k Bull Confirm
3.8k mid-Trend Top
3.6k Retrace plot
4.1k Top plot
8.1k early call
10k coming (still quite viable)


評論
Here we, at first possible end point for wave C 快照

.
評論
Bounce looking great thus far 快照

.
評論
Nice retest of the fib at $7708 快照

.
Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag