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 .
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 .