btc dump from 61% fibonacci .. next support between 7500$ to 7300$ and btc may test 8500 again or reach 9000$ then dump will start again to test the bottom !

note : recovery from 5750$ to 8500$ was just a correction wave in a downtrend ! (btc still in a downtrend )
Comment:
#BTC update

it seems like 7450$ is the dip maybe we will see a green market tomorrow
STOP LOSS UNDER 7450$


Comment:
Comment:
big support here !

Comment:
#btc may test 6800$ first before rising !


Comment:
Comment:
6850$ support broken !!!!

it seems like btc will continue dumping to 6k target without a correction !!
watching the market is very recommended now
Comment:
#btc dump only to 6200$ then start a correction
these fibonacci levels are very imoprtant and dump expected from it
6500$ - 6650$ - 6750$

do not forget that we are in a downtrend

Comment:
#btc update

dump happened from 6650$ to make an AB=CD pattern
next target 5800$ - 5700$


Trade closed: target reached:
target reached without a correction !
Comment:
it seems btc will not reach 5750$ for now and a correction will start i will make another idea for it
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.