Based on my analysis, bitcoin is now in sub wave 5 to complete major wave 4.
I expect the price to complete the decline cycle in the TP3 zone or in the 423.6 fibo level zone which I highlight in the yellow box.
If you look at AO, the divergence between the two valleys has formed but is still not completely complete.
I expect AO to be a minor valey next.
I expect the price to complete the decline cycle in the TP3 zone or in the 423.6 fibo level zone which I highlight in the yellow box.
If you look at AO, the divergence between the two valleys has formed but is still not completely complete.
I expect AO to be a minor valey next.
Trade active:
The above analysis still applies.
TF 15 minutes formed bearish hidden divergence.
TF 15 minutes formed bearish hidden divergence.
