Long

BTCUSD Short-term possible wave structure

By Tommy_Trader

Updated

If it doesn't break the support region right below, this is actually a possible bullish scenario where it touches top/bottom of a channel five times and move on to the next wave. If it does break the support region below it is more likely to take account of my previous post where it corrects down to 0.236~0.382 fib retracement level ($8,365~$8150)

Note

100 moving average (white) also supporting it as well.

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