**Possible BITCOIN bull trap scenario**
BITCOIN TA - BULL TRAP??
For this current run, I am anticipating a 5 wave move to $23,000, stemming from the previous run C wave bottom ( shown in the yellow ).
However, BITCOIN did not sell off all the way to the previous DEMAND ZONE of $20,600. And alternative scenario to watch for is if the current run is stemming from :
1. the bottom of the (A) WAVE,
2. peaking at $23,000 for the end of the (B) WAVE, and ...
3. coming back down along the red (C) WAVE, bottoming in the DEMAND ZONE of $20,600.
**not financial advice** just something I noticed.
Leave a LIKE. Leave a COMMENT and tell me what you think.
For this current run, I am anticipating a 5 wave move to $23,000, stemming from the previous run C wave bottom ( shown in the yellow ).
However, BITCOIN did not sell off all the way to the previous DEMAND ZONE of $20,600. And alternative scenario to watch for is if the current run is stemming from :
1. the bottom of the (A) WAVE,
2. peaking at $23,000 for the end of the (B) WAVE, and ...
3. coming back down along the red (C) WAVE, bottoming in the DEMAND ZONE of $20,600.
**not financial advice** just something I noticed.
Leave a LIKE. Leave a COMMENT and tell me what you think.
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.