BITCOIN - Intraday Update - 12/03/20 (Short-term)
The bearish alt: count.
Bottom Line: The alternate count, is the Bitcoin may correct in a wave ((2)) minor. A more bearish possibility is that wave (C) is developing as a zigzag and will make a new low under 18140 before the rally in wave ((3)) begins.
The bearish alt: count.
Bottom Line: The alternate count, is the Bitcoin may correct in a wave ((2)) minor. A more bearish possibility is that wave (C) is developing as a zigzag and will make a new low under 18140 before the rally in wave ((3)) begins.
Trade active:
Trade active:
Bottom Line: Watching for evidence the wave ((ii)) of iii correction ended.
Analysis: Against $18077.0, Bitcoin should continue lower within a minor degree second wave advance.
Bottom Line: Watching for evidence the wave ((ii)) of iii correction ended.
Analysis: Against $18077.0, Bitcoin should continue lower within a minor degree second wave advance.
Order cancelled
Trade closed manually