EuroMotif

BTCUSD correction Done? or more Down? Bitcoin retrace watch

EuroMotif Mod 已更新   
COINBASE:BTCUSD   比特币
This is a followup to my ongoing analysis of Bitcoin moves.
After explosive growth, we are in the midst of a correction.
Correction MAY be done, but likely one more leg down yet.

Above are two possible correction pathways.
WxYxZ seems more likely than an ABC path.
Regardless of path, the Zones are dependable.

7666-7708 may well be the bottom for now.
7450-7445 is important from higher time frame.
7223-7281 could be the Uptrend killer if breaks.

Previous BTC analysis (in chronological order):
$3.1k Bottom plot
$3.4k Bull Confirm
$3.8k mid-Trend Top
$3.6k Retrace plot
$4.1k Top plot
$8.1k early call
$10k coming (still quite viable)


评论:
Here we, at first possible end point for wave C
.
评论:
Bounce looking great thus far
.
评论:
Nice retest of the fib at $7708
.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

相关观点

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。