BTC to double top before 50% correction
Hi,
I didn't mention this cycle's bullish objectives in my last published ideas. I believe we've just had a small cycle's corrective wave at the end of a huge light blue wave 3 which top now we're now heading to. Three level cycles correlate for a top around 35k. I'd favor a double top at 34-35k according to my biggest and smallest cycles (which would be just a mere extension of intermediate green wave 5 above its 423.6% target). I expect the incoming correction after reaching that top to be strong and probably retrace back to 50% ($21,830 if double top) or 61.8% ($18,730).
Trade safe.
I didn't mention this cycle's bullish objectives in my last published ideas. I believe we've just had a small cycle's corrective wave at the end of a huge light blue wave 3 which top now we're now heading to. Three level cycles correlate for a top around 35k. I'd favor a double top at 34-35k according to my biggest and smallest cycles (which would be just a mere extension of intermediate green wave 5 above its 423.6% target). I expect the incoming correction after reaching that top to be strong and probably retrace back to 50% ($21,830 if double top) or 61.8% ($18,730).
Trade safe.
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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.