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mahdisoltaninjad
Nov 15, 2021 5:42 AM

BTCUSDT | The best area for correction📍 Long

Bitcoin / TetherUSBinance

Description

Hello traders, Bitcoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 3 day timeframe.
According to the wave count made in the analysis, which is formed from wave 3 of wave 5, wave 5 is somewhat over, unless another ascent to the pink line finally has a price of 71,000, and after the end of wave 5, wave 3 will also Is over and a wave of 4 corrections will be formed.
We assume that the first step for this Fibonacci correction is 0.50.
Also, if 71000 is broken, we will have a quick move towards the price of 77000.
If wave formation is determined, we will publish the next 4 steps of correction in the next analysis.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Comments
A21052
👎👎👎👎
mahdisoltaninjad
@A21052, tankyou for your coment
Joseph_King
Nice idea, same as me some time back

mahdisoltaninjad
@Joseph_King, Hoping for your success
coleperris55
You think we could see a drop to 48K? Is that what this is saying?
mahdisoltaninjad
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