The devil's number! If you calculate the percentage increase in the current parabolic run it takes BTC to $66,666.66.
At this point I think.we see a correction. Is bull runover? NO
This is just wave 1 of a wave wave count using the elliot wave theory. Corrections to around $33k are for buying.
You know what to do.
I would only say it's valid when the top of the line is broken.
Then enter around zone at for best entries and good RR.
It's RISKIER than my previous fractal because the structure is premature.
I made it as elementary as possible. Hope this works out and I'll be updating it when things change/go according to plan.
This is one of the simplest chart i ever posted in my TA idea publishing .
The 2D time frame and the LongBuyLongSell Indicator combination clearly tells the BULL s are in the streak .
BEARS will take a control only when
The LBLS indicator shows the candle color change from Blue to Black
The LBLS indicator shows the background color change from Green to...