It seems BTC completed wave 3 and starting the corrective wave 4.
BTC may retrace to 21.7K area and possibly form a ABCDE pattern.
If ABCDE eventually give us a falling wedge. That could launch a final wave 5.
SHORT to 21.7
TP1: 21800
TP2: 21400
This pump cycle could end at wave 5 top: 25200
Happy trading!
BTC may retrace to 21.7K area and possibly form a ABCDE pattern.
If ABCDE eventually give us a falling wedge. That could launch a final wave 5.
SHORT to 21.7
TP1: 21800
TP2: 21400
This pump cycle could end at wave 5 top: 25200
Happy trading!
Comment:
No, we are not coming down. The downward ABC is invalid.
It seems we just had a ABCDE corrective WAVE 4, AND we are starting a Wave 5 already. The price breaks the upper resistance line.
LONG!
TP: 25600
It seems we just had a ABCDE corrective WAVE 4, AND we are starting a Wave 5 already. The price breaks the upper resistance line.
LONG!
TP: 25600
It seems we are completing a ABC in WAVE B