HOLA! THATS ONLY MY OPINION, wait till it will be confirmed.
Firstly, there is a squeeze that could be viewed on binance (it confirms the crab formation)
-- Fib correction 1,618 of XA and 2,618 of BC (and it actually bounced)
Secondly, Spring from Wyckoff view is also possible. And the previous ascend movement A-B doesn't seem to be enough (so its possible that BC movement isn't LPS)
Thirdly, (and in advance sry for my *SUPERMASTER* Elliot marks 12345) it actually looks like this new ascend is actually 5th wave, because the second corrective wave was sharp and so the 4th wave was more flat! Like a book example! AND the third wave is the largest one! SOO? Why can't my theory take place here?
Waiting to hear from u guys!)
Firstly, there is a squeeze that could be viewed on binance (it confirms the crab formation)
-- Fib correction 1,618 of XA and 2,618 of BC (and it actually bounced)
Secondly, Spring from Wyckoff view is also possible. And the previous ascend movement A-B doesn't seem to be enough (so its possible that BC movement isn't LPS)
Thirdly, (and in advance sry for my *SUPERMASTER* Elliot marks 12345) it actually looks like this new ascend is actually 5th wave, because the second corrective wave was sharp and so the 4th wave was more flat! Like a book example! AND the third wave is the largest one! SOO? Why can't my theory take place here?
Waiting to hear from u guys!)
