Due to three reason to predict BTC route.
1. BTC had been run a two drive(at Day figure),if the third drive complete ,it maybe produce a strong PRZ at 73000 ; in three drive pattern, I can predict BTC will retracement to 0.236 fibonacci number( 0.786 retracement ) if the three drive complete and the price reach 73000.
2.now the 4H of BTC has form a 0.382 retracement , and if the support be strong , the price maybe will go to 1.382-1.5-1.618 fibonacci numbers(in bull market);then, the 4H 1.5 fibonacci will superposition to the Day of three drive ; due to fibonacci numbers in two different scale, the strong PRZ will come out as posible.
3. Elliot wave theory's third wave is coming, when the third wave end, the trend will reverse to short.
1. BTC had been run a two drive(at Day figure),if the third drive complete ,it maybe produce a strong PRZ at 73000 ; in three drive pattern, I can predict BTC will retracement to 0.236 fibonacci number( 0.786 retracement ) if the three drive complete and the price reach 73000.
2.now the 4H of BTC has form a 0.382 retracement , and if the support be strong , the price maybe will go to 1.382-1.5-1.618 fibonacci numbers(in bull market);then, the 4H 1.5 fibonacci will superposition to the Day of three drive ; due to fibonacci numbers in two different scale, the strong PRZ will come out as posible.
3. Elliot wave theory's third wave is coming, when the third wave end, the trend will reverse to short.
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Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.