TradingView
Bidweihy
Apr 2, 2018 8:36 AM

Is there going to be a fake breakout? Long

Bitcoin / TetherUSBinance

Description

I only thought of this count yesterday, and now all the numbers make sense. What if we only finished A of the ABC correction?! and now, we are going for B which could reach above 12k and that would give the market the impression that the correction is over and then comes C with a drop to $3000-$5000 price target.

Try this count yourself and check retraces and extensions. It's just a thought that I wanted to share, no advices.


Trade active

Still on track. Will update if my count turns invalid.

Trade active

More