M
Note: This is not financial advice.
https://www.tradingview.com/x/Wka3a1MD/
註釋
BTC moved up to the second target at the .618 retrace of our near term bottom and if this move is a C leg of a wave 2 corrective cycle, it puts C at 1.618 of A, which works fine which is why I had this level as our 2nd Target. The level also appears to be showing resistance. Keep in mind that whales know these levels and are likely to try to both trigger short stops and create some buying action to increase the profit and velocity of a later push to the downside. Given the low volume and size of the market, it isn't hard to do. Again, $7500 is the level where the count becomes invalidated and we'll be back to the drawing board. -M註釋
Also note that the volume in green on 4-8 is similar and the patterns could do something similar as we get ready to start wave 3 of 3 of 3 to the downside. And the invalidation is actually lower at around 7100, while 7500 invalidate another larger count I'm working on. Cheers免責聲明
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免責聲明
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