Two possible scenarios for BITCOIN - watch it carefully!!
Hey guys, 2 possible outcomes for bitcoin
Scenario 1: This downtrend is currently subwave 2 retracing of the bigger WAVE 5 and our target of 9600 still stands. HOWEVER we would need to break 9k on subwave 3 in order for this to happen, which we have had several rejections at already
Scenario 2
We have a failed WAVE 5 as we can not break 9k, therefore we will further ABC correct down to 8100/7600 ish as highlighted on my chart. This will be a double correction and if things do not pick up we could see a TRIPLE correction after this
Both scenarios are possible in my eyes so just be careful guys!
Thanks
Scenario 1: This downtrend is currently subwave 2 retracing of the bigger WAVE 5 and our target of 9600 still stands. HOWEVER we would need to break 9k on subwave 3 in order for this to happen, which we have had several rejections at already
Scenario 2
We have a failed WAVE 5 as we can not break 9k, therefore we will further ABC correct down to 8100/7600 ish as highlighted on my chart. This will be a double correction and if things do not pick up we could see a TRIPLE correction after this
Both scenarios are possible in my eyes so just be careful guys!
Thanks
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.