BTC down to 8.8k then 8.3k
Updated
It seems Wave C has not been completed.
We had a soft bounce at 9.6k... some sideward trading trying to push for 10k but failed so far.
What appeared to be a closing wedge, no seems to be clearly a downward channel.
BTC is pushing towards the upper end of the downward channel. Should bounce of it.
We should be heading down within the next several hours... possibly a soft bounce around 8.8k and a stronger bounce around 8.3k...
We had a soft bounce at 9.6k... some sideward trading trying to push for 10k but failed so far.
What appeared to be a closing wedge, no seems to be clearly a downward channel.
BTC is pushing towards the upper end of the downward channel. Should bounce of it.
We should be heading down within the next several hours... possibly a soft bounce around 8.8k and a stronger bounce around 8.3k...
Trade active
Bullish market truncated Wave C it seems... and set us on a 12345 impulse wave in an attempt to break the ATH downtrendline... which is has gone over and under constantly over the past couple of days... market is very undecided as to bullish or bearish long term... no confirmation yet... hidden bullish divergence, but hard to confirm...
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