Wave (b) complete? - A BTC Update
Updated
Posting an update on my expanded flat idea for BTCUSD. Overnight we came pretty close to my primary target and area of confluence around $7150. Some exchanges hit it, others did not. We could still see another squiggle down, but it's looking good. I do not anticipate us breaking below 7k, but it is possible. We can expect wave (c) to be a 5-wave move so keep that in mind when thinking it is a bullish reversal. It may be, but I am not counting on it.
It is possible that this circle ABC is just A of a larger ABC making up this B wave.
Next target is up to $7575-$7800.
*THIS IS NOT FINANCIAL ADVICE*
It is possible that this circle ABC is just A of a larger ABC making up this B wave.
Next target is up to $7575-$7800.
*THIS IS NOT FINANCIAL ADVICE*
Trade active
Coming up on macro trend-line. Moving stop down a bit.Trade active
Beautiful mornin'Trade closed: target reached
Late update. Played out as expected.
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