so now everybody is talking about btcusd falling
so what now:
we shall fall more to finish corrections, max. above 8300, then we go up for wave 5, targets are purple ones
brief back thinking summary:
1. big pic playing. wave 1 can be that top around 8300 or 8900
2. this chart was made based on condition wave 1 @ 8300 area
3. we are on wave 4 - zigzig OA=BC, targeting around 9000-8600, coz wave 1 and wave 4 can't overlap, so max. can't fall below 8300
4. if we hold above 8300 and this is the big picture played out, then purple lines are potential targets based on fib trend and hype fib levels plays out
5. if wave 4 is more complicated, then expect wxyxz playing
so what now:
we shall fall more to finish corrections, max. above 8300, then we go up for wave 5, targets are purple ones
brief back thinking summary:
1. big pic playing. wave 1 can be that top around 8300 or 8900
2. this chart was made based on condition wave 1 @ 8300 area
3. we are on wave 4 - zigzig OA=BC, targeting around 9000-8600, coz wave 1 and wave 4 can't overlap, so max. can't fall below 8300
4. if we hold above 8300 and this is the big picture played out, then purple lines are potential targets based on fib trend and hype fib levels plays out
5. if wave 4 is more complicated, then expect wxyxz playing
Not
there are 2 charts for ideas shared in this post, do your own analysisNot
still did not breakup from the MANot
If go up, continue the possible pattern drawn above.If we fall down from the trendline, then directly down to 8500.
Not
another scenario is that we may consolidate there for some time then going to reach 8500 in about 72hr.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.
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.