BTCUSDT Short
Updated
And last idea is large Crab pattern. In this case D point or PRZ (potential reversal zone) will go above yellow level (and this drop can't be 123 and seeking for 4) because will in that case go in zone of 2 wave. But can be from elliott wave prospective be ABC for W down and this correction making X of WXY. And that can be very bearish case where we looking Y wave down go very deep. One of reason I don't prefer this idea but just to have in back of your mind.
REMEMBER all this charts is education only based on harmonic patterns , Elliot waves and Fibonacci.
REMEMBER all this charts is education only based on harmonic patterns , Elliot waves and Fibonacci.
Comment
Related publications
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.