Get started
RezaFakhriyn

Bitcoin at the end of wave b of the current correction

Short
Bitcoin (BITSTAMP:BTCUSD)  
RezaFakhriyn Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Wave Analysis Fundamental Analysis BTCUSD priceaction Fibonacci
8
0
trendanalysis waveanalysis fundamental btcusd priceaction fibonacci
Bitcoin appears at the end of wave b of the current correction. This wave is promising but can easily be found in the form of a downtrend in three steps.
So we are waiting for 3 steps of reduction that can happen over time:
TP1: 42000 (Over pullback)
TP2 : 35000-36000
TP3:29000

Trade closed: target reached:
TP1 and TP2 achived
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.