This an update to my previous ideas:
Bitcoin:
Bitcoin Dominace
---------
So, either way, BTC will reach all positive targets, it's only a question of which path it takes.
The short path (above green arrow trend line) or the medium path (below green arrow).
Thick red line is the decision line and I'm quite confident BTC will at least reach this level ($9000-93xx).
Positive talks or tweets however will likely be what sends BTC to .382 ($8136).
From there - support levels become
$8100
$7200
$6200
In this path, wave 3 of the larger impulse wave (blue elliot) will begin upon one of those supports with $6200 being the most likely reversal point.
Bitcoin:
Bitcoin Dominace
---------
So, either way, BTC will reach all positive targets, it's only a question of which path it takes.
The short path (above green arrow trend line) or the medium path (below green arrow).
Thick red line is the decision line and I'm quite confident BTC will at least reach this level ($9000-93xx).
Positive talks or tweets however will likely be what sends BTC to .382 ($8136).
From there - support levels become
$8100
$7200
$6200
In this path, wave 3 of the larger impulse wave (blue elliot) will begin upon one of those supports with $6200 being the most likely reversal point.
Note
View on the 15 min.BTC just made a run to the top of the Gann. So far, it's been resistance.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.