BTC Wolfe Wave target almost reached - more downside?
Further to my last BTC idea, it seems the Wolfe Wave is playing out and that the final target may not yet have been achieved.
Potential dip to the 5600-5700 range as indicated would complete the Wolfe Wave pattern which is a line through points 0 & C in the wave.
Play conservatively and defensively here and don't lose assets on risky margin positions. While there's still short potential it's starting to get risky as we approach what I believe to be the bottom and I currently have a lot of USD and small scalping positions on longs & shorts.
Good luck! :)
Potential dip to the 5600-5700 range as indicated would complete the Wolfe Wave pattern which is a line through points 0 & C in the wave.
Play conservatively and defensively here and don't lose assets on risky margin positions. While there's still short potential it's starting to get risky as we approach what I believe to be the bottom and I currently have a lot of USD and small scalping positions on longs & shorts.
Good luck! :)