It is possible that BTC has ended Wave B and is entering Wave C. Notice the occurrence of a lower high at Wave (2) and the chart breaks below Wave (1).
The point that Wave C should reach is where I put the Fibonacci box, but I think it's probably around 35,000 - 40,000. There is an interesting point on the chart,Support 1 Line, which the chart couldn't cross many times before.
Stoploss - 63500
Complete Wave C (Ref. Yellow Dotted line)
0.382 ~ 6 Nov 2021
0.618 ~ 12 Dec 2021
Thank you for following
Best Regard
Trader Lv. 1
The point that Wave C should reach is where I put the Fibonacci box, but I think it's probably around 35,000 - 40,000. There is an interesting point on the chart,Support 1 Line, which the chart couldn't cross many times before.
Stoploss - 63500
Complete Wave C (Ref. Yellow Dotted line)
0.382 ~ 6 Nov 2021
0.618 ~ 12 Dec 2021
Thank you for following
Best Regard
Trader Lv. 1
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