BTC Update: Elliot Corrective Wave "C" 04/16/2020

16 thg 4, 2020

Possible we will see another downside today if BTC will continue its downward movements below 6.6k. This is due to the breaking of the below channel line which is our support. This confirms the next Elliot Corrective wave C will be materialized at 0.382 fib.ret from daily swing low to swing high. It might also swing at 618 fib.ret level from swing high to swing low before it will continue the downward movement.