It appears as though either the green (4) or red (ii) are playing out. We should start with a strong wave (3) up “soon”. My only concerns are, BTCUSDSHORTS are EXTREMELY low, which is typical of a top.
Failure to hold $7323, the previous low, would negate the above, short term at least. That said, we are still in a bull market.
This is really just a continuation of my previous charts, if you are looking for long-term projections and Fib Extensions.
Failure to hold $7323, the previous low, would negate the above, short term at least. That said, we are still in a bull market.
This is really just a continuation of my previous charts, if you are looking for long-term projections and Fib Extensions.
Trade closed: stop reached:
Still bullish long-term (THE low being ~$3K) but will have to wait,