BITCOIN - Short Trade For a Possible Wave B Zig-Zag...
A breach of $47,047 low could signal the start of a downward movement for Wave (A) within Wave B.
The stop would shift to the conclusion of the minor rebound, approximately around $47,247, contingent on when Wave E concludes.
At this juncture, my inclination would be to aim for the support area around $43,883. However, the outcome hinges on the development of this wave and whether it aligns with the potential decline I anticipate for my short Avalanche trade. (Linked below)
The stop would shift to the conclusion of the minor rebound, approximately around $47,247, contingent on when Wave E concludes.
At this juncture, my inclination would be to aim for the support area around $43,883. However, the outcome hinges on the development of this wave and whether it aligns with the potential decline I anticipate for my short Avalanche trade. (Linked below)
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