TradingView
EuroMotif
Jun 22, 2019 5:49 PM

BTCUSD retrace is here? or another Bump and Run? Bitcoin watch 2 

Bitcoin / United States DollarCoinbase

Description

Previously it seemed 11k was the top and retrace started.
But in hindsight it was a minor dip in uptrend continuation.
This last dip however, seems to have some fib legs (rhythm).

Red fib is for Impulse down from the top.
Green fib is for Impulse up from last wave.
Confluences thereof are of keen interest.

10,160 - ,195 would be a very Bullish correction.
10,044 - ,045 is gorgeous with tight confluence.
9,784 - 9,800 is very plausible sub 10k stop hunt.

Previous Analysis:
(failed)



<= Perfect

More