This forecast is pure and simply based on Elliot Waves and Fibonacci levels. Accurate on every pivot point and mayor resistance so far.
Right now BTC is creating the 5th wave of an A wave that creates an ABC correction and is going to end in 9400 and then correct to 8600 or the 0.383 fib level.
Forecast:
Short term: LONG. 9400 - 9600
Medium term: SHORT 8600
Long term: LONG 9900
Let's see how this goes.
You can follow zoom in and zoom out in related ideas, I've drawn waves and Fibo levels for daily, 4h, 2h and 30min timeframes.
Good profits everyone.
Right now BTC is creating the 5th wave of an A wave that creates an ABC correction and is going to end in 9400 and then correct to 8600 or the 0.383 fib level.
Forecast:
Short term: LONG. 9400 - 9600
Medium term: SHORT 8600
Long term: LONG 9900
Let's see how this goes.
You can follow zoom in and zoom out in related ideas, I've drawn waves and Fibo levels for daily, 4h, 2h and 30min timeframes.
Good profits everyone.
As you can see right now, we created an ABC pattern in the dip.
My next target to 9.9k needs to be reassesed, let's wait how hard is the rebound before make a forecast