feeench

BTCUSD - Large Wave 2 Correction

Short
BITSTAMP:BTCUSD   Bitcoin
Using linear scaling I believe we are in a large Wave 2 correction now. If we create a new All Time High before we fall, chart is invalid.

Possible retracements are shown as buy zone.

Speculative target of 2.618 fib extension of Wave 1 for now.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.