Hello Elite Traders
Welcome to a Bitcoin update.
We are still in range and are CURRENTLY holding the 9k low for this correction while a lot of people are expecting lower pricing. If this low holds This bull count for 1 more wave to complete a 5 is VERY possible. Taking some fib measurements like from the 1 to 2 gives use a 3 wave at the 6.618 target. The pitchfork provides some trend lines that the market seems to be following nicely.
Target for the fifth wave is $16,300 .
Invalidation at 9k.
Happy trading! ;)
Welcome to a Bitcoin update.
We are still in range and are CURRENTLY holding the 9k low for this correction while a lot of people are expecting lower pricing. If this low holds This bull count for 1 more wave to complete a 5 is VERY possible. Taking some fib measurements like from the 1 to 2 gives use a 3 wave at the 6.618 target. The pitchfork provides some trend lines that the market seems to be following nicely.
Target for the fifth wave is $16,300 .
Invalidation at 9k.
Happy trading! ;)
