On the chart of BTCUSD, we have been able to successfully recognize a zig zag corrective wave structure labeled (A) (B) and (C). Then price followed an impulse which indicates the begin of the resumption and we count it as wave(i) of the bullish trend then we noticed a correction which we counted as wave (ii) we expect a breakout of the wave (i) high will open more room to the upside,
Our minimum target is around 12500 price regon, with the invalidation level set below wave (ii)
Hi, I do agree with ABC from the top, however this recent bounce from 9800 to 11000 isn´t impulse at all, and it isn´t also leading diagonal, it´s just 3-wave move.
I am expecting complex WXY correction, we should be currently in "X", which is also made by wxy (3-3-3).