Fib channel and Elliot wave showing our corrective zones for completion of short term correction,
8h chart showing the levels to be watching if no eq break up from a current completed C , BTC still showing she is still yet to complete the end of wave C before further upside, I will go into more detail at a later date , for now playing scalp trades inside the current channel is worth while taking entry notes via stoch rsi , macd , and KC band confluence until we either break up out of EQ into a wave 1 or wave B of primary ss count meaning 1 more corrective leg , we are coming close to the end of a wave, as far as technicals , BTC is looking pretty maxed out on most TF'S not to say full may enter the tank at anytime, but from a technical stand point, a tight scalp stop under and above current wicks playing os/ob conditions or patently awaiting a breakout or breakdown into ranges of technical interest .
8h chart showing the levels to be watching if no eq break up from a current completed C , BTC still showing she is still yet to complete the end of wave C before further upside, I will go into more detail at a later date , for now playing scalp trades inside the current channel is worth while taking entry notes via stoch rsi , macd , and KC band confluence until we either break up out of EQ into a wave 1 or wave B of primary ss count meaning 1 more corrective leg , we are coming close to the end of a wave, as far as technicals , BTC is looking pretty maxed out on most TF'S not to say full may enter the tank at anytime, but from a technical stand point, a tight scalp stop under and above current wicks playing os/ob conditions or patently awaiting a breakout or breakdown into ranges of technical interest .
Local support and res, Red and green,
Price ranges for Targets we are looking at
Scalp Long targets - 35318 - 37752
Swing targets Long 42621-46892 - 48667 - 51656.
Buy ranges scalp and swing : 33393 (current price if reversal from miner golden zone ,
31291 - 27492 - 26k - -21/22k range - 10500
this is not financial advice just personal observation and technical analysis thesis.