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Technical analysis by Mashood_Abidi94 about Symbol BTC on 10/16/2023

https://sahmeto.com/message/3336133
Mashood_Abidi94
Mashood_Abidi94
Rank: 29802
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The move down is a clear five-wave impulse in my opinion and then the three-wave move up looks like the first leg, wave W, of a double zig-zag correction. I will wait for the impulse wave A to complete, and then for the corrective wave B before going long for wave C of the second corrective leg up i.e. wave Y. Once the double zig-zag is complete, I'll look for a big short position for a second impulse move down that'll be the partner leg of the first impulse down.

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Signal Type: Neutral
Time Frame:
8 ساعت
Price at Publish Time:
$28,902.54
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