BitcoinDiupdate Bitcoin 4th wave/C correction in place?
The well known ponzi scheme bitconnect being shut down extending our initial "crypto crackdown fear" slide into potential end of 4th wave and C correction.
.5 Retracement of full market range acted as stop point as did .764 extension off A -> B and previous low in december crash.
Hope for more positive reaction into asian session to recover the losses
.5 Retracement of full market range acted as stop point as did .764 extension off A -> B and previous low in december crash.
Hope for more positive reaction into asian session to recover the losses
Catatan
Break through low look for $7898 as invalidation of wave structureCatatan
Catatan
.764 off wave 2-3 hitCatatan
Levels to bear in mind if we do start to climb(chart bit messy):Caught between channel + .236 retrace 17th dec -> yesterday lows
.382 b -> c decline
.5 retrace 2 -> 3 up which was also significant support
Catatan
.382 testCatatan
Caught in this range between .382 & .236 + trend line. Bullish flag potentially. Look for break of .382 and 50 RSICatatan
Next level is previous range low @~$12700Catatan
testing this areaCatatan
Probed above the level but closed below it.Catatan
Catatan
Expected pullback after 44% climb in 3 days. Price rejected at strong area of resistance. 50 RSI still holding on 4h chartCatatan
Potentially
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.