Hello Hello Hello,
It seems it's time for ending up the correction wave! but not be surprised by how fast it happened as we have two forms of corrective waves: 1- price correction and 2- time correction.
I suggested that the latest impulse wave might be in the form of a channel or a wedge, however, both of them have become true, all depend on your view.
Now it's time for forming a correction wave in which it looks like a horizontal movement, as buying power is still high and some indecisive candlestick patterns are appearing in the market.
For the sake of simplicity, I draw two feasible routes for the future target (follow the blue and green lines). One suggestion for you, don't be afraid and buy step by step. And one more thing, as the market is brutal and surprising if the price suddenly goes under 45K, just stop buying and be aware of a really deep correction is on the way! but there is no room for panic because this is Bitcoin and soon or later it will come back up again to the moon.
God bless you,
It seems it's time for ending up the correction wave! but not be surprised by how fast it happened as we have two forms of corrective waves: 1- price correction and 2- time correction.
I suggested that the latest impulse wave might be in the form of a channel or a wedge, however, both of them have become true, all depend on your view.
Now it's time for forming a correction wave in which it looks like a horizontal movement, as buying power is still high and some indecisive candlestick patterns are appearing in the market.
For the sake of simplicity, I draw two feasible routes for the future target (follow the blue and green lines). One suggestion for you, don't be afraid and buy step by step. And one more thing, as the market is brutal and surprising if the price suddenly goes under 45K, just stop buying and be aware of a really deep correction is on the way! but there is no room for panic because this is Bitcoin and soon or later it will come back up again to the moon.
God bless you,
