Looks like we have completed the EW when the price of BTC hit $11,500 today. If this is true, then it is expected to be followed by an ABC correction. Wave A will drop the price up to $11,000 before going back north until around $11,300. Which will then be followed by a dip up to around $10,300 - $10,500.
Note:
- Breaching the $11,600 resistance and maintaining the price above it will invalidate this TA and will push the prices up to $12,000, then up to $12,500.
- Breaking the $10,000 support and maintaining the price below it will invalidate this TA and will push the prices down up to $9,000.
Disclaimer
This is my personal view and I don't claim it to be a professional financial guide. Your decisions are only controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.
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Best short-term TA I've seen today. Keep up the good work! Thank you!
Thank you! :)