meteortrader

elliot wave on line chart of btcusdt bearish plan

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
the difference between these plan and the bullish one is the 5th wave in 3rd. in these attitude, two legs of flat correction(in bullish plan that I published a few second ago) turn to a rising wedge. in the bullish plan the fibo level of Y leg is too extended(nearly 2.618 but it will be acceptable).

in these scenario, we have to prepare ourselves to another leg down, which the final target is mentioned in the chart.

it need to mention that, it is only my idea not a trading advice. i try to cover all aspect of btc movement in 2 different chart analysis, so do your own research and trade on your own knowledge and analysis.

have a good tard.

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