BTC took out its previous low, indicating wave C remains incomplete. We'll now see if the 0.786% projection for waves w and y at 8k can contain the decline.
Whether wave B has unfolded as a triangle, or an ending diagonal is underway for wave C, our immediate focus remains on lower; at least while the upper boundary of the impulse channel acts as resistance. The decline is likely to continue toward the lower target area which is highlighted on the 240-minute chart.
Key Levels: 7296.44, 9150, 9450.00, 10540.49, 10939.34
Keep you updated as this price evolves.
We go together
Together we are stronger
Share and like
I am not Bearish long term. I am a Bull of Bulls.
Thanks
God bless you!
===============================================================================
BlackMEX - PREMIUM
We are a BITMEX specialized channel.
Our philosophy focuses on capital preservation and good risk/return operations.
We'll share our analysis, calls, and share studies that can help you be a better trader.
Enjoy! ** 2 weeks free sign up
Telegram > t.me/blackMEXcrypto
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Twitter > twitter.com/f3rG0D
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Whether wave B has unfolded as a triangle, or an ending diagonal is underway for wave C, our immediate focus remains on lower; at least while the upper boundary of the impulse channel acts as resistance. The decline is likely to continue toward the lower target area which is highlighted on the 240-minute chart.
Key Levels: 7296.44, 9150, 9450.00, 10540.49, 10939.34
Keep you updated as this price evolves.
We go together
Together we are stronger
Share and like
I am not Bearish long term. I am a Bull of Bulls.
Thanks
God bless you!
===============================================================================
BlackMEX - PREMIUM
We are a BITMEX specialized channel.
Our philosophy focuses on capital preservation and good risk/return operations.
We'll share our analysis, calls, and share studies that can help you be a better trader.
Enjoy! ** 2 weeks free sign up
Telegram > t.me/blackMEXcrypto
===============================================================================
Twitter > twitter.com/f3rG0D
===============================================================================
Сделка активна:
Possibility of the double bottom! 240m
Keep your eyes a Breakout of 8773 signals that wave 2 is complete.
Possibility of the double bottom! 240m
Keep your eyes a Breakout of 8773 signals that wave 2 is complete.
Сделка активна
Сделка активна:
Here we go!
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