Good Sunday everyone,
Bitcoin is currently sitting on my zone of interest. As you can see price managed to hit the extension target of 1.618 for wave C. This is the deepest possible target a wave C can extend. If we extend further of break the previous low, this count is invalidated.
However, I think that we are in a bullish wave 3 extension, which explains why the inner wave 2 has retraced that deep.
I'm buying.
This is no financial advice,
for further information please see below.
RT
Bitcoin is currently sitting on my zone of interest. As you can see price managed to hit the extension target of 1.618 for wave C. This is the deepest possible target a wave C can extend. If we extend further of break the previous low, this count is invalidated.
However, I think that we are in a bullish wave 3 extension, which explains why the inner wave 2 has retraced that deep.
I'm buying.
This is no financial advice,
for further information please see below.
RT
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。