BTC Last Leg Down!!

Bitcoin can continue upward to 50% & 61.8% of its last move Fibonacci levels are around 18,200 $ to 18,950 $. Also, this level is across to 2-4 Cycle Wave TrendLine and it's so important for the price movement to close under these Critical Levels, so the 5th Wave Scenario and 13~14K $ Target will be available too.

In this case, we can monitor the trend and wait for a clean and great R/R for a Short Term sell position in AltCoins (Such as Sushi: www.tradingview.com/...REAT-Short-Position/)

Remember here we are in the last movements of our Downward and so we should beware of risky short positions.

Any other activity of price to break the 2-4 Levels or Fibonacci Levels will discard this Scenario and we will Analyze again an Upward movement for it.

Also, remember the 17,450 $ in further movement can be a Medium Level for the price to break or reject from it. in the next couple of hours, we have CPI & Core CPI of Europe Zone which can effectively short-term-term movements.

Keep Calm & Steady to the Plan.

액티브 트레이드:

As Predicted before we saw a great reaction on the Fibonacci level and now the price is in the down leg to its target. any upward correction will be a chance for adding to crypto short positions