EuroMotif

BTCUSD retrace watch 4: Bitcoin to test 3600 ?

EuroMotif Mod Actualizado   
COINBASE:BTCUSD   Bitcoin
Looks like one more small leg down before retrace can come to an end.
.

.

Background:
This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not.

First I saw 3618 on CoinBase as important which had been on my charts for over 6 months:

Getting closer, I started to see a bigger picture of a 4 wave impulse that started with the 7400 drop:

As it bounced, 4425 came into focus as the big hurdle:

Zooming back out to the original large 5 wave impulse, targets were in sight again:

Then we had a strong bounce with perfect 12345, which I expected to top at 3800-3900
As the bounce progressed, the first retrace came into sight
Now I think we have completed the impulse up, and correction should be almost done
Comentarios:
Here we are, 3600. Buying little bits here in a ladder fashion

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.