caglaraydin

4th Wave Correction of BTC

Short
INDEX:BTCUSD   Bitcoin / U.S. Dollar
If BTC completed the 3rd wave on April. We may see a double zig-zag correction as shown as "wxy" wave in the chart. It may be in the 3rd wave of "w" wave which may be a regular-flat correction. If it is a regular flat correction price should go down around 27K levels where SMA100 about to reach.

This week's close seems like forming a shooting-star candle. This may signal a great opportunity for shorts.