We have WXY correction, and bitcoin will probably fall. I will recommend to close long positions and wait for wave C over. It might be a zigzag or twiangle. We will see.
From the technical side we have Head and Sholders indicates ending of wave C in (B) and a beginning of new trend down.
Target will be 3000. If we go up from this level expecting a good trend up as wave V.
From the technical side we have Head and Sholders indicates ending of wave C in (B) and a beginning of new trend down.
Target will be 3000. If we go up from this level expecting a good trend up as wave V.
Comment:
Correction: wave C in (x), sorry
Trade active:
Good point for entering short. SL at 4550. Invalidation of scenario after close below 4470
Order cancelled:
Not confirmed. Go up
