Finally made sense of this cryptic cryptocurrency and I think it's pretty bang on. After every impulsive move there was a 5 wave correction and a retest before another impulse. We're now in the 5th wave so we may see a deeper correction.
See links below for smaller timeframe chart and how we can trade this.
Great work, thanks. Is there a strong possibility that BTC could trend back down to the 50% fib level?
WicktatorFX
⋅
@V808, Hey V, have you had a look at the BTC chart I posted soon after this? We're expecting a bounce on the 618 fibonacci. Have a look and let me know what you think
V808
⋅
@Wicktator, Just seen it, clean chart, looks good for around 52k. My only concern is the DXY rising, wondering how this will impact the next leg up. Thanks again for your charts, some of the best out there.