Tommy_Trader

BTCUSD Technical Analysis

Short
Tommy_Trader Updated   
BITFINEX:BTCUSD   Bitcoin
I believe we are now on wave 4 where I expect to be bounced until it reaches around $7,200~$7,500.
I set my short position around that zone.
Then I expect wave 5 to come that will reach at least $6,000. Below $5,800 with some amount of FUD.
Comment:

Fib retracement 0.618 of the wave 3
Comment:

Expected to bounce around $7,190 which is 1.618 fib extension of the first wave that has been confirmed

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