Bitcoin
Short
Updated

new wave B is composing..

74
new wave B is composing..
where is next target ? 0.236 or 1 ?
Note
do we get 3 in fibo which is 42230 ?
je ne pense pas,
first, We have two resistance in 2.718: 38570-38730 et 2.858: 40444-40650
if we past these two, we can expect 51500-49956 in one or 2 week,
if we reject from 3 or 2.858 in fibo we can expect 17220-14550 (begining with 24950)
Note
we've got rejected from 2.858 area ~ 40730
where are we going now ?
is 2.414 or even 2.618 (current price 37080) strong enough ?
...
it seems 37080 is a critical level to hold for more upward pressure to me in short term
Note
this time RSI is going to show a lower low which touch the red line again..
atleast 1.272 - 20570 (probably if we don't measure the shadow)

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.