Current structure Level A2, Bearish Cycle "WVVM_MAAW" Follow us Social Media @ForeignExchangeLLC
AS WE SEEN BITCOIN IS REJECTING THE HIGHER HIGHS AND CREATING LOWER LOWS DUE TO INVESTORS CHOOSING BITCOIN CASH OVER BITCOIN. MY PERSONAL TARGET WILL BE 21,000 RANGE
50% RETRACEMENT HAS REACHED. RETEST OF THE TRENDLINE CAN OCCUR.
38.2 TESTED, PULL BACK FOR A RETEST BEFORE LOOKING SHORT OPPORTUNITY.
LOOK FOR A SHORT TILL THE TP 1 TRENDLINE AND IF IT BREAKS THE TRENDLINE EXPECT THE PRICE TO DROP TO THE NEXT TP 2 TRENDLINE AND FINALLY THE LOWEST IT CAN DROP IS 79.00 TP 3.