rs14

Bitcoin's Bearish Tone; Where do we go from here?

BITFINEX:BTCUSD   Bitcoin / Dolar
The chart shows that we have confirmed our A and B point of the ABC correction wave. Where next?

We expect to see a standard 12345 impulse wave down to complete Wave C.

Breakdown of Wave C:

Wave 1 extends down to $8770 and then corrects to $9480, retracing to the 0.618 Fib line.

From this trend, we can make a prediction as to how low Wave C will go, simply by using the Trend-based Fib Extension tool.

Wave 3 will usually touch the 1:1 Fib extension line, which is roughly around $8350. Wave 5 usually attempts to make contact with the 1.618 Fib extension line, around $7700.

We will take this as it comes.
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Daftar Keluar