FibMarketWatch

BTC - Breakout Update - Primary Wave & Complex Correction

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COINBASE:BTCUSD   Bitcoin
BTCUSD looks to take another run at breaking out.

The last idea notified of a breakout after a primary wave and correction sequence completed.

We got a 3% pop in price-action but price-action quickly broke down (probably due to network hash manipulation and/or exchange manipulation (BSV v. BCHABC).

Now, we have a primary wave sequence with a complex correction (2 Correction Sequences)

We are looking for $7,700 to hold and would place a hard stop right beneath the primary wave.

If BTCUSD primary wave breaks down the $7,700 level will be violated.

Please see last idea for further analysis.

Will update.

AB






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Good Morning...

As Expected, BTC is making another run at a BREAK OUT!

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Crypto has broken out.

Idea complete.
Trade stängt: målet nått

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