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Hannibal1995
Jun 8, 2022 7:47 PM

BTC PRZ in 28000 Short

Bitcoin / TetherUSBinance

Description

Based on Harmonic Elliot Principle counting we are in wave - ii - of impulsive cycle . But it doesn't complete .

We can have a " short " position till 61.8% and 76.4% of Fibo retracement levels .

so the first target is 28900 and we should Break even for second target in 28000 .

In those two level we have Potential Reverse Zone (PRZ) that we expecting for start of New Rally in BTC .

Comment

First Target Hit very easy . Now we can even have Buy risk in PRZ for the Strong rally of BTCUSD .
Comments
PensieriParole
yes agree with your chart
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