Bitcoin Measured Corrective Move
If this corrective (a),(b),(c) in Wave 4 corrective move plays out as a measured move then $21617 looks likes a good 1:1 move as per chart.
Calculations to arrive at the target below:-
BTC Measured Corrective Move 16/02/23
25270 - 22770 = 2500(9.89%)
23990 - 2500= 21490
23990- (23990 X 9.89%) = 21617
Calculations to arrive at the target below:-
BTC Measured Corrective Move 16/02/23
25270 - 22770 = 2500(9.89%)
23990 - 2500= 21490
23990- (23990 X 9.89%) = 21617
Trade closed: target reached
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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.
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.