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Dagmar_Nieft

The neck line has pushed the price down to 41700

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Dagmar_Nieft  
BINANCE:BTCBUSD   None
Chart Patterns Wave Analysis
7
2
chartpattern waveanalysis
Yesterday's bounce up to 47200 was sufficient only for the break of 45400 followed by the retracement to the "neck line". We are now expecting that the levels 42400 & 41700 will give up relatively soon, thus, opening the road to the exciting lower part of the correction channel of ours. Alternatively, everything above 45600 will turn us back up to 48K. So take care of the proper stop orders of yours.

Yours,
ICBF Swinger Dagmar
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