$BTC #bitcoin currently at 75% extension of a 2 legged pullback
I have done a post in the past discussing how after a massive rally, if price makes a 2 legged pullback where second leg breaches first leg, the pullback tends to end around 75% extension level of the first leg.
If instead the pullback is a AB=CD or 1 to 1, I would start to consider it as a steep pullback and stay out.
However if price ceases to drop further it might signify a good buying point.
If instead the pullback is a AB=CD or 1 to 1, I would start to consider it as a steep pullback and stay out.
However if price ceases to drop further it might signify a good buying point.
İlgili yayınlar
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.