SHORT BTC Towards 48K region.

Dear Traders,
Here is an update from AppYCrypto,
Since we have completed our ABC pattern, in the bigger ABC triagle irregular flat wave pattern, we expect BTC short in the area of 48-46k.
From those levels we expect further longs towards a new all time high.

Now, keep in mind that the wave during this trip will be very choppy, remind that every A and C waves are impulse or diagonals!
Which means that we can see many bounces and choppy charts. However, price will decline slow but steady in the coming days. If we count elliot wave forecast and project AB=CD patterns, we expect lows towards 48K

More updates in the next days. See my previous post regarding this trade idea!

Trade ist aktiv