a great weekly close for BTC and crypto in general. a massive correction of the fourth wave to 20k levels. I think it is an irregular flat wave that started a month and half ago.
Now BTC moving up targeting in new top as the fifth wave ends approximately at 26800. Moreover, it could be extended to 34k levels depending on the positive head and shoulders pattern on the daily frame.
Note: All of this could be wrong if BTC break 19200.
Now BTC moving up targeting in new top as the fifth wave ends approximately at 26800. Moreover, it could be extended to 34k levels depending on the positive head and shoulders pattern on the daily frame.
Note: All of this could be wrong if BTC break 19200.
Trade closed: target reached:
I am looking for another long at 24950
Now, BTC need to pullback a little bit..
Now, BTC need to pullback a little bit..
Comment:
Expecting BTC to retest 25K levels there is a chance to go long targeting 34K!