Bullish and Bearish Scenarios

Bullish Scenario :
BTC retraces till $6300 - $6250 (Yellow Box) range and then start wave 5 till $6600 - 6670 range ( Green Box)

Bearish Scenario :
BTC retraces till $6300 - $6250 (Yellow Box) range and then retraces further till $6170 - $6100 (Red Box)

In past 1 month 100 day MA has acted a solid resistance on 4HR time frame.
For being bullish it needs to make 100 day MA as support.


Comments and opinions welcome :)

Regards,
Cryptosync

İşlem kapandı: hedefe ulaştı:

Bullish Scenario played well as expected. Both targets acheived. Trades closed.