Eloquent

btc 11-23 update

Eloquent Updated   
KUCOIN:BTCUSDT   Bitcoin / Tether
good morning ~

I have a feeling btc isn't quite done correcting yet.

The overnight spike in shorts, and the multiple touches of our local support, I'm not sure that it can hold much longer.

We'll either have to start moving up right now, or we see another leg down.

potential targets =

100% extension = 54,155
123.60% extension = 52,853


trade safe!
Comment:
We look to be in a wyckoff accumulation phase here,

I don't think we're going to make it to mentioned targets, but we may raid the lows.

The next dip is for buying


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