BTC Taking support and red solid line. But green line shows trend line from Wave 2 to 4. Further, Fibo-17, Fibonacci retracement level is 26,866.
There are these three possible areas of retracement, in the following order:
1. Red Line
2. Green Line
3. Worst cum worst White Line.
Expect a level of 37,000.
You may please mark these levels and execute accordingly using William R% or RSI indicator and EMAs.
Author uses Gann, Fibonacci, Wave Analysis and unique personalised angle, which help is avoiding complex Price, Time and Volume Analysis.
Disclaimer:
This content is not a recommendation, just a sharing of knowledge for educational purposes. Please consult your Financial Advisor before making any decision. Author is not a Registered Analyst with any Regulatory Authority.
Together we grow. Happy to share!
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Please refer to my todays idea on BTC for update.
