moneer618

First wave of BTCUSDT declines

moneer618 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
This wave has five waves
We have completed the first, second and third waves, and we are now in the fourth wave directed upwards
First goal 44113
Second goal 44333
Third goal 44705
Then it falls again to complete the fifth wave and is calculated after achieving and completing the fourth wave objective
The fourth wave will be ABC
Comment:
The minimum ascent of the fourth wave is 44333
I don't think it exceeds 44705
So please pay attention, the downward trend is not over yet
Comment:
After the fourth wave achieved its expected goal
No less than 44333
Max 44705
It will be a drop to complete the fifth wave
We expect it to be the end of the fifth wave and the completion of the entire bearish wave
Between 43,870 to 43,193
43870 to 43193 no more
Any drop below 43,193 with big candles means an extension of the trend, and it is calculated in a moment, but I expect the end of the current descending wave in this range.
Comment:
After completing this downward wave
It will rise at least 38.2% of the length of the bearish wave, and we may reach 61.8% of the length of the bearish wave, so be prepared.
It will have a calculation once the bearish wave is completed
Comment:
This is not a trend penetration as everyone thinks, but it is evidence of weak selling power
This does not mean that there is no landing to complete the fifth wave of the full wave
Comment:
The fifth wave has been interrupted
at 44855
And now we are ascending to form the second wave, whose target is 38.2 to 61.8% of the length of the bearish wave
So far the trend has reached 38.2% at 44908
Comment:
That is, the lower bound has been corrected
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