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AndyM
Sep 18, 2022 9:35 AM
Correction in BTC is in progress, wave C still due
Long
BITSTAMP:BTCUSD
120
Bitcoin / U.S. dollar
Bitstamp
Description
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Sep 18, 2022 9:35 AM
0.236 - a frequently encountered fib level for early wave A completion. Wave A breaks out of the channel/trendline, then rolls back by 0.618, and then wave C begins.
BTC should bounce back to 21-21.5k before downtrend resumes.
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