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BTC to 27-28K before retracing back to 34-35K.

248
Ladies & Gentlemen,

It's obvious BTC has broken out of it's triangle wedge and is in a downtrend. Some may think 30K is now support. Sure, for the time being. But without buyers, it will turn into resistance by tonight. I also believe that this is wave iii of an Elliott wave coming down. So don't get trapped like some folks did with 32K! The next level down should be a temporary support and a short term reversal to 34-35K.

My guess is that 27.2K will be the point of reversal.

Good luck and trade safely!

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.