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Trader_Level_1
Oct 2, 2021 3:58 PM

Wave B is not finished. Long

Bitcoin all time history indexINDEX

Description

Because it can't penetrate through Support line down and can add through Resistant 1 placed up, it makes me think that Wave B is not finished

Forecast
This uptrend is expected to break through resistance 2 and to be between 76.4-100% of the placed Fibonacci box, or perhaps do ATH before going down to Wave C.

Trend-Base Fibonacci Time (Ref. Yellow Dotted line)
1.382 - 6 Oct 2021
1.618 - 25 Oct 2021

Stop loss - 40000

Thank you for following

Best Regard
Trader Lv. 1

Comment

Now I think it might end Sub Wave 3 of Wave (C) and form a Sideway between 61.8-76.4% on the Fibonacci Box placed.

Trade closed: target reached

Complete
Comments
keypoems
Wave 4 in any cycle can never be lower than Wave 1. It's one of the more fundamental rules.
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