BitcoinUpdated Hard to say what is happening. Another Elliott wave?
The probability that this happens? Low I would say.
It is just one of the many possibilities.
Wave 2 (in blue) is 1.618 extension of the correction (in purple)
What do you think?
It is just one of the many possibilities.
Wave 2 (in blue) is 1.618 extension of the correction (in purple)
What do you think?
Note
But if - and only if - BTC breaks 8,300$ we would then have this:Trade closed: stop reached
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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.