Already out of TR# 3 that quick! This makes it a shakeout type of action. And now we are back to TR# 2 *I like that shakeout characteristics where it bottomed and held support for 3 days + a huge candle body to the upside! (This is a change of character and a change in momentum) --> This leads to a reversal! So brace yourselves, volatility is expected.
Well have to see how the market reacts to this. But I can see that people are ready for another leg up!
Well have to find a support after yesterdays rally. In short we need to have a higher low which is very easy to attain.
If you are a trader and managed to sell at wave 3 top, this is a good entry point in the market again (For BTC or Altcoins)
Speaking of Altcoins, they are already primed. So expect the price actions would be quicker than before!