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BTCUSD down to 8250 early march
Hi ! First time publishing here, both to share and to learn retrospectively !
Using mostly trend lines, Elliot waves, and Fibonacci retracements, here is my wild guess for next week or so. Kind of an uncertain downtrend before an even more uncertain bull run. This scenario fits well with market temperature : everybody is watching that resistance building up since ATH of december, but most observers don't expect a healthy bull trend right now. Breaking that resistance in 2 weeks is still a very optimistic scenario, but much more likely than in 2 days.
Any thoughts or advice ?
Using mostly trend lines, Elliot waves, and Fibonacci retracements, here is my wild guess for next week or so. Kind of an uncertain downtrend before an even more uncertain bull run. This scenario fits well with market temperature : everybody is watching that resistance building up since ATH of december, but most observers don't expect a healthy bull trend right now. Breaking that resistance in 2 weeks is still a very optimistic scenario, but much more likely than in 2 days.
Any thoughts or advice ?
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