Bitcoin targets for correction
2023-11-10
Category: None

Bitcoin after 222 days range hit 27 zone. Now I would like to see correction  BINANCE:BTCUSDT.P  

 Possible Targets and explanation idea 
➡️Over 200 days in a range! We move impulse sideways Impulse. 
➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant
➡️Now we are in a market stage when Bears and Bulls will loose the money 
➡️Consensus about "we can't move higher" will be soon from both camp
➡️in a range we got deviation at the top of range and deviation at the bottom
➡️Impulse up, sideways and last impulse to 27 zone work almost in 99% cases like a clock)
➡️Healthy correction will be to 0.23 zone and good correction block for futures marked with SL. 
➡️On MP indicator you could see how whales fix main % of position on D tf, then RSI div on daily and continuation of fixations. 
➡️ Waiting on D blue zone of money inflow. I think its can took just a week or so before continuation of main trend

  

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