first, let's talk about the last update short-term
image from the last update
the movement was more substantial than expected & it started to look less clean
now the scenarios are
1- the whole wave 2 is done and we are beginning with wave 3 from 5
2-the last update is still there & wave 2 is not done yet
IN BOTH SITUATIONS BE CAREFUL STRONG DUMP IS COMING SOONER OR LATER
as I said many times before we are forming wave 2 from 5 or maybe done & start to form wave 3 from 5
I think the real dump will start at the end of the month I think 19900 (the monthly support) won't hold and that will freak people out
I'm 95% on cash I have orders at different prices that will active around 16K
targets are shown in the charts
this scenario fails 100% above 25200
I will update If something bullish happens like incomplete wave 5 /means we don't break the last low or break it without momentum
this is just my idea and the way I'm investing I could be wrong so do your own research
image from the last update
the movement was more substantial than expected & it started to look less clean
now the scenarios are
1- the whole wave 2 is done and we are beginning with wave 3 from 5
2-the last update is still there & wave 2 is not done yet
IN BOTH SITUATIONS BE CAREFUL STRONG DUMP IS COMING SOONER OR LATER
- NOW LET'S TALK ABOUT THE MAIN CHART
as I said many times before we are forming wave 2 from 5 or maybe done & start to form wave 3 from 5
I think the real dump will start at the end of the month I think 19900 (the monthly support) won't hold and that will freak people out
I'm 95% on cash I have orders at different prices that will active around 16K
targets are shown in the charts
this scenario fails 100% above 25200
I will update If something bullish happens like incomplete wave 5 /means we don't break the last low or break it without momentum
this is just my idea and the way I'm investing I could be wrong so do your own research
Trade active:
1- the whole wave 2 is done and we are beginning with wave 3 from 5
Comment:
quick update for the best supports
quick update for the best supports
BTC monthly candle could be strong red one & close under monthly support ~19900