BTC parallel channel 70k or 80k

13 thg 4, 2021

btc is making new all time high inside a white parallel channel.
this trend at the top of the bull market has ABC corrective wave

Resistance

• white trend line
  
  
• 100% projection of wave C at 72224
  
  
• 1.382 projection of wave C at 83380
  
  

breakout of lower white trend line will confirm trend reversal, because bulls have their stops blow higher low, the first lower high will force them to take profit.

13 thg 4, 2021

Ghi chú

time projection for wave C compared to wave A showing perfect symmetry of 1 and 0.50