Skyrex

Bitcoin is following our trading plan!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello, everyone!

Let's talk about BTCUSDT today because it's pumping exactly as we warned you. Of course, globally we remain bearish mood, but when price reached $24800 again too many traders concluded that it's "obvious" short. Market has liquidated all overleveraged bears.

On the chart you can see the 5 waves EW cycle. This is the last impulse in the wave 1 to the downside. Look how perfectly waves respect the targets, for example wave 4 has reached exactly the 0.38-0.5 Fibonacci retracement level.

After that wave 5 collected the local liquidity and printed the bullish reversal bar at the bottom. Now it's the higher degree wave 2 which is going to has ABC zigzag structure. Wave A has been almost finished, but anyway this pump will reach $28500 to create the greed and overleverage purchases.

Best regards, Skyrex team
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