There is a critical area between 14k-15k$ to be observed within the next few days. This will show me whether we have finished an ABC correction or if we are going into the E Wave to correct even further down to probably 8k.
If BTC can break the triangle we should be seeing a new ATH. Hard to judge it right now since the MACD trend looks positive while on the contrary the Fibo retracement zone speaks for a fruther correction.
I plan in any case to raise some cash in the criticial area to either buy the 3rd impulse wave or the E bottom.
Window for shorting might be to tight though :(
If BTC can break the triangle we should be seeing a new ATH. Hard to judge it right now since the MACD trend looks positive while on the contrary the Fibo retracement zone speaks for a fruther correction.
I plan in any case to raise some cash in the criticial area to either buy the 3rd impulse wave or the E bottom.
Window for shorting might be to tight though :(