Chahin073

Bitcoin Analysis

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Head and Shoulder + 0.66/.681 + 2 parallel channels + daily level on the 64k - 64.4 will act as resistance and from here it will drop. After that, I expect the (C) correction to be around 57k (daily level + 1.681 + .382 + 1-1 Extension + support last week + 2x .786), so I expect this to hold and go up from here. Also, I used Fibonacci Time to measure the move and it fits in the ABC correction of 12345 Elliott Impulse Wave starting at 41k .
Comment: Head and shoulder formed. High chance BTC is headed 57k