We are reaching a critical point for BTCUSD . If we assume (as I do) that we have completed the first wave up and are currently retracing into the 2 Wave there are several levels that would provide a good entry. The majority of Wave 2 corrective structures retraces to a .5 to .618 level - therefore providing us with a great entry to shoot for at least a 1 / 1 of...
BINANCE:VENBTC is giving us an indication to where it wants to go.
Watch the fib lines closely as this might be a possible 'trade of the year' entry.
Do your own research before entering any trades. Good luck!
