Possible trajectory for BTC and alts,
Possible trajectory for BTC and altseason,
reliefrally to the 1.618 and confluence with 2 other tendlines intersecting, ending an ABC correction from the downside or a 5 wave move but i expect an ABC. in both cases when it hits 1.618 target there will be a correction down again to 85K level and depending on volume a break towards lower lows in the 72-69K area. Also notice the neckline of the double top ( ON XRP its a HEAD and Shoulders) Targets are very low there,
Trade safe,
reliefrally to the 1.618 and confluence with 2 other tendlines intersecting, ending an ABC correction from the downside or a 5 wave move but i expect an ABC. in both cases when it hits 1.618 target there will be a correction down again to 85K level and depending on volume a break towards lower lows in the 72-69K area. Also notice the neckline of the double top ( ON XRP its a HEAD and Shoulders) Targets are very low there,
Trade safe,
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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.