I'm looking for a clear bounce on the 50% retracement (C) of the last wave, if price bounce an AB=CD pattern is confirmed
if price go to (A) pattern is invalidated and long trend may stop (until A holds I'll be bullish)
if price go to (A) pattern is invalidated and long trend may stop (until A holds I'll be bullish)
Trade closed: target reached:
BTC is testing the 123,6% extension, AB=CD is almost completed
watchout for these resistances:
(B) 5998
(123.6%) 6149
(D) 6313
(161.8%) 6392