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Technical analysis by HelioHelix about Symbol BTC on 9/5/2022

https://sahmeto.com/message/3331175
HelioHelix
HelioHelix
Rank: 7797
1.6

Wyckoff Phase E Nearing Completion

Neutral
Price at Publish Time:
$19,747.28
،Technical،HelioHelix

BTC at present is ranging on the $20,000 support and as long as the price remains above $17,567.5 BTC is bullish. Price below $17,567.5 is bearish. From a waves perspective the only remaining bullish count is a diagonal in wave 1 which is valid above $17,567.5. Expect further downside if price confirms below the origin of wave 1 at $17,567.5. Expected downside in a best case scenario is around $12,500 worst case scenario is around $4,000.My thoughts on the leading diagonal idea...Wave ((v)) of either C or 5 appears to be well under way

Source Message: TradingView
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