To follow up my others post where i stated that 4.3k was an interesting zone.
A rule of EWT is Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond
Scenario A is base on the 1.618. You can see in the original post that i mesured the C at 1.618 which gives us a stop where we are (which indeed stopped at 1.618)
The 5 impulses waves that makes C waves would be then this :
Giving us the rebound here :
Scenario B involve that the count of C is more like that
Final count :
We might see some green momentum at the end of the week. For now, 4H is so deep that It doesnt satisfy me to enter for now.
CME BTC futures started the 17 déc. when BTC started to drop. CME BTC futures are close in january, they re-open the first Monday of Feb. Thats when BTC jumped from 6k to 12k.
just look this year when CMe futures opened the 17 déc and re opened 03 déb. ;)
This year we saw swing at the beginning of each start of CME futures and little swing mi-motnhly for the Cboe expiration