$BTC - Bullish count
As some of you may know, I flipped to a bullish bias towards the 52k area. The bear volume just wasn't there.
This is a count I,ve been watching for some time which I believe to be the most plausible count. The wave targets are fib inspired. BTC is currently trying to flip the 60k into a support. So far it has held on the first retest. It also has a long time trendline support on the 4H chart which dates back to late January. A close below that trendline would signify more bear movement to come and I will need to re-evaluate my bias.
Don't forget your SLs and trade safe!
This is a count I,ve been watching for some time which I believe to be the most plausible count. The wave targets are fib inspired. BTC is currently trying to flip the 60k into a support. So far it has held on the first retest. It also has a long time trendline support on the 4H chart which dates back to late January. A close below that trendline would signify more bear movement to come and I will need to re-evaluate my bias.
Don't forget your SLs and trade safe!
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