OK after the last parabolic action we are seeing a new set of supports established.
Supports are red channels going up and green is resistance,
I have identified 2 sell areas as the circles,
Personally seeing the action lately of bitcoin I'd choose the highest.
Could be a zone of sell as it reaches 15K and the furtures markets decide to short the Market.
Targets set based on the recovery from dip to 5K and and the fib from there, and based on the elliot wave theory.
Good luck!
Supports are red channels going up and green is resistance,
I have identified 2 sell areas as the circles,
Personally seeing the action lately of bitcoin I'd choose the highest.
Could be a zone of sell as it reaches 15K and the furtures markets decide to short the Market.
Targets set based on the recovery from dip to 5K and and the fib from there, and based on the elliot wave theory.
Good luck!