Now it needs to retrace, probably in a typical fashion.
I see a few important prices/zones worth watching closely.
If the retrace bounces at first zone, then we are correcting only the wave V.
If the retrace goes to the -.618, would be a prefectly acceptable .
If the retrace goes below wave IV, then the uptrend is in danger.
This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not.
First I saw 3618 on CoinBase as important which had been on my charts for over 6 months:
Getting closer, I started to see a bigger picture of a 4 wave impulse that started with the 7400 drop:
As it bounced, 4425 came into focus as the big hurdle:
Zooming back out to the original large 5 wave impulse, targets were in sight again:
Then we had a strong bounce with perfect 12345, which I expected to top at 3800-3900
The current chart is to plot the retrace and evaluate strength
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