Need volume..., possible 3rd wave and 4th wave lines.
Note
I was quite optimistic with the 3rd wave but unfortunately the 2nd subwave retraced to 0.786 fib and the 3rd subwave do not extend at least 1-to-1. Thus the impulse 3rd wave did failed. See below:Note
Overall, it looks like BTC is still correcting. Having said that, I still expect a small slightly bullish trend to ~8800 levels before bouncing down again.
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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.