BTC - TA never lies, however - it does repeat.... testing previous support and resistance that is.
Our A-B-C chart from the 3128 15 Dec 2018 Swing Low to the 13,868 June 26 Swing High (Green Rejection Wick High vs Green Candle Body Close at 12,927), we then had a B target range of 7,600 based on Candle Body high and 7,231 based upon the Wick High... with a Target A=C wave of 17,990/18,000.
Only Question is do we retest the Wave A Leg subwave 2 Support of 5,000 or even the 3,128 Swing low first...
Weds 23 October 2019
Open 8024
High 8029
Low 7296
Close 7506 minus 518 at 2:30 PM today...
Or did we simply come within the BTC range of the number for the B target prior to the C leg halving Bull Run... stay tuned as BTC trades 7X24.
Our A-B-C chart from the 3128 15 Dec 2018 Swing Low to the 13,868 June 26 Swing High (Green Rejection Wick High vs Green Candle Body Close at 12,927), we then had a B target range of 7,600 based on Candle Body high and 7,231 based upon the Wick High... with a Target A=C wave of 17,990/18,000.
Only Question is do we retest the Wave A Leg subwave 2 Support of 5,000 or even the 3,128 Swing low first...
Weds 23 October 2019
Open 8024
High 8029
Low 7296
Close 7506 minus 518 at 2:30 PM today...
Or did we simply come within the BTC range of the number for the B target prior to the C leg halving Bull Run... stay tuned as BTC trades 7X24.