If BTC breaks down from this purple wedge, we could be seeing the $7600 - $7750 as an area to look for a bottom. Currently have bids in this area to add to my current $7860 position. Although $7800 is heavily guarded with hidden walls.
Looking then to complete a 5th Wave up to $8700 - $8500 to meet the Log downtrend line.
Looking then to complete a 5th Wave up to $8700 - $8500 to meet the Log downtrend line.
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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.