You can see in this analysis that btc is planning to go down. Entry points are drawn and you can think about them.
PS: Corrective wave abc doesn't need to fill itself, btc could drop bellow the bottom line in few hours in the worse case scenery.
PS: Corrective wave abc doesn't need to fill itself, btc could drop bellow the bottom line in few hours in the worse case scenery.
Comment:
Bitcoin is trying to break over resistance line. Let's hope it will, so this mini downtrend can end.
Comment:
So far btc is still holding the abc correction, and it is on its laste wave which should break the bottom line, and the we go to the nest support lines shown in this idea.
C point of ABC correction went up more than it should and this just means that the next downtrend wave is going to be weaker which just confirms my idea of bottom targets.
So far btc is still holding the abc correction, and it is on its laste wave which should break the bottom line, and the we go to the nest support lines shown in this idea.
C point of ABC correction went up more than it should and this just means that the next downtrend wave is going to be weaker which just confirms my idea of bottom targets.