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caglaraydin
Oct 23, 2021 8:59 AM

4th Wave Correction of BTC Short

Bitcoin all time history indexINDEX

Description

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.
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