After a imulsive down move, we may see an ABC correction on bitcoin chart within the next week. if it holds the support the momentum of the market could change to an imulsive move toward 70k Thank You and trade safe.
Thanks for sharing.
I think if we have an impulsive move downward, then we should expect a correction as you mentioned. Then consolidation/bear flag before another deeper move down. What do you think?
Priceaction776
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@KingzPipz, yes it might happen if it broke the previous support
I think if we have an impulsive move downward, then we should expect a correction as you mentioned. Then consolidation/bear flag before another deeper move down. What do you think?