BTC Short: 71% Retracement/Final 5th leg of Elliot Wave

Quick BTC Short: 71% Retracement level hit, taking it down the final 5th leg of Elliot Wave to the Fib extension/TP area of 127%/141% and into larger time frame buyer area.

Kommentar:

Price came into the 113% extension level into the low 28,000's, just as marked up in my analysis. Albeit a bit sloppy but it tagged the 113% level and immediately starting buying right back up. (Had to clear out some weak buys/liquidity hunt). Will be looking to take a major long position from here.