barrbudo

BTC Imminent Correction

Short
BITFINEX:BTCUSD   Bitcoin
I believe we are nearing the end of wave 3 and a corrective wave 4 is imminent. As wave 2 heavily corrected to 0.764, I expect wave 4 to correct lightly, but I don't anticipate wave 5 to be particularly long because of how extended wave 3 is. If you agree or disagree, please leave your thoughts in the comment section below.
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.