The fact that we see the current wave as an impulse (12345 instead of ) shows that we are probably making a which structure is 3-3-5 and corresponds to our present case !
That being said, it still remains a corrective structure and the most probable outcome still remains a second impulse after completion of that flat.
Fibos are pulling a target area to look for possible short entries that I showed you on the chart. That's my new plan so far... so still being patient on bitcoin ..
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
I see signals in 15m that suggest to take a little profits. I'll do it on the Sinewave Target : 9750$.
I take 1/3 profit size. So I remain heavy bearish and I'll of course use this cash to sell again the upper range zone if we go "rangy".