Hello Traders, this is my current view of bitcoin :
*I just shorted btc from 16.84k
Stop 17.01k
Target 16.5k 16k 15.5k 14.8k
- Btc was moving down inside the slope channel
- The 3rd wave was confirmed by the increasing volume
- There's possibility that 5th wave has started and the target is around 14.78k
- Will wait for price action to go long around 14.78k
- The invalidation is 13.9k
*I just shorted btc from 16.84k
Stop 17.01k
Target 16.5k 16k 15.5k 14.8k
Order cancelled:
This setup is invalid, the top of wave 2 has touched.