I doubt it, but if we get another touch of the semicircle triangle around the $3,850 resistance it will be a really good chance to short with a potential measured profit of about 36%. This will also enter the long term area that I am targeting for long term longs. ($1,870 - $2,450)
Short at $3,700 - $3,850 Stop at $4,000 Target $2,450
I think support within the ST has already turned to resistance. We will see a drop imminently.
CryptoAddict77
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@MusclesCrypto_, That is the other possibility I am considering. We need volume to confirm.
TheCryptAlpha
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The answer is NO
Boon2
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BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.
BTCUSD D1 Long Term EW Analysis. Checkout the idea detail's and all the update's for the complete picture.