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Top In For Wave 1 Circle, Looking for $4500-8000 Correction

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This is really just a follow-up on my previous BTCUSD chart....now looking at short opportunities.

The 50% is around $6600
0.618 is around $5500
0.764 is around $4500

If we hit 8K rather rapidly (days/week), I would expect a more complex correction.

The upward projections are using Log Fib extensions and are based on a low of $6600 for wave 2 Circle....which will probably change.
Not
BTCUSDSHORTS still dropping and still at an extreme low level....5400 at the present time.
We still probably have a ways to go down in price. At some point, I think shorts will dramatically jump up and that's when I start thinking about getting in everything....long of course.
İşlem kapandı: hedefe ulaştı
We could still reach $6600-6800...BTCUSDSHORTS are extremely low....expecting them to jump up closer to THE bottom. Looking for long positions.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.