BitcoinShort
Drop to 3,600 should create a bear trap
On 4 March 2019 I predicted a rally to 4,000.https://www.tradingview.com/chart/BTCUSD/FMckCeSj-BTC-corrective-rally-is-over-prepare-for-a-dive/ That rally was supposed to complete a corrective wave b up of ii down.
Bitcoin hit 4,045 on 9 March 2019 and since then kept grinding lower. My expectations are unchanged, I expect Bitcoin to drop in a strong scary impulsive fashion to 3,600. That drop would complete a corrective a-b-c structure off the top of wave i up completed at 4,280 on 24 Feb 2019.
That final drop should make a higher low and set a stage for a new rally in wave a of iii targeting 4,580-4,650.
Bitcoin hit 4,045 on 9 March 2019 and since then kept grinding lower. My expectations are unchanged, I expect Bitcoin to drop in a strong scary impulsive fashion to 3,600. That drop would complete a corrective a-b-c structure off the top of wave i up completed at 4,280 on 24 Feb 2019.
That final drop should make a higher low and set a stage for a new rally in wave a of iii targeting 4,580-4,650.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.