BTC/USD - 6300 bull trap then dive to 3300 Short

Bitcoin / United States DollarCoinbase

Description

⋅ Mar 14, 2020 4:59 AM

Wave 4 will end @ 6300 where early bulls will get trapped (0.382 retracement). Note there is also a reasonable strong resistance at this point.
Wave 5 will unfold as an extension to 3300

Obviously, i am willing to change my mind. Nothing is guaranteed.

**not investment advice**

Comment

⋅ Mar 20, 2020 8:37 PM

it's aging well

Comment

⋅ Mar 26, 2020 12:35 AM

Chart still holding. Wave 4 can extend to 7300 area then bears take the stage

Comments

Kusumowati

⋅ Mar 15, 2020 4:23 AM

Are you saying that it will go as low as 4K again now first before it goes to 6.3K - 6.5K?

jsntr

⋅ Mar 15, 2020 5:12 AM

@Kusumowati, i think so.

**not investment advice**

jsntr

⋅ Mar 15, 2020 5:16 AM

@jsntr, sorry it will go 6.3k before 4k

jsntr

⋅ Mar 15, 2020 5:19 AM

@jsntr, i think there is a wave 4 ending on 6.3k. After this i think will go to 3k

**not investment advice**