Sweep the lows tapping 0.382 fib for the 5th wave? ABC B/O (BTC)
Hello traders,
Everything looks bullish right now, but it's possible we see a 5th wave at the end of September going into September around the 0.382 fibonacci level. If that holds and we wick with strong buy pressure I'll become a bull for the entire month of October.
Stay safe, and have a great week.
Please like/comment.
👍
Everything looks bullish right now, but it's possible we see a 5th wave at the end of September going into September around the 0.382 fibonacci level. If that holds and we wick with strong buy pressure I'll become a bull for the entire month of October.
Stay safe, and have a great week.
Please like/comment.
👍
Trade active:
Update:
1) 0.618 fib rejected - possible supply zone
2) 21 MA is key support for buyers, lose that and $43,000 probably gets flipped into resistance (s/r flip)
Update:
1) 0.618 fib rejected - possible supply zone
2) 21 MA is key support for buyers, lose that and $43,000 probably gets flipped into resistance (s/r flip)
Trade active:
Nothing has changed.
Nothing has changed.
1) 4th wave completed soon ($45,000 resistance)
2) 5th wave sweeping lows tapping 0.382 fib? ($38,000)
3) then ABC breakout pattern during October?