Here is a view as an alternative to my first chart ...
If we do not see a closing price of $ 9771 on a daily basis, then 0.62% fib would be conceivable, which at the same time would correspond, roughly, to the distance of the black A.
I can well imagine that there may be a monthly low in March before it comes to further course recovery.
If we do not see a closing price of $ 9771 on a daily basis, then 0.62% fib would be conceivable, which at the same time would correspond, roughly, to the distance of the black A.
I can well imagine that there may be a monthly low in March before it comes to further course recovery.
Note
Note
the wave 2 = 3691 or 1146Note
... a look in then and now...Daily: Feb 10 & Feb 22
free-picload.com/uploads/2018/02/i82971bkfi5e.png
free-picload.com/uploads/2018/02/i82972btcn1m.png
H4: Feb 17 & Feb 22
free-picload.com/uploads/2018/02/i82974buavy3.png
free-picload.com/uploads/2018/02/i82975b51gzy.png
Note
EW - possible count toNote
bullish butterfly Note
now wants everyone to see BTC even deeper ... not me ... at least not yet ... first I have to see where today's and tomorrow's candle closes .... if deeper, then as in the first chart - see chart Feb 10 & Feb 17
Note
if you want to know if BTC will continue to fall or even rise, then watch the green line @ $ 10433, because if it close today??? and more crucial tomorrow above it , then this would be interpreted as a bullish tendency ... at least until some higher TP can be achieved... if not, then down with 8575 + 8125Note
support - green zone in main chart above - has held until now ...as i wrote yesterday, if we see today's closing price over the green line, then the situation for the bulls is increasing
the count on the chart above Feb 22 - under update - could be reality
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.