After a deep fall, Bitcoin continues its correction on positive market sentiment The correction is in the form of ABC zigzag where A=C Next reversal level $38
I don't know man... sure anything can happend... but: In your BIG circle A ,that was the point were a potential ABC ends ( in that point looks like 3 wave up and C=A)... now don't look any more If someone wait for a retrace, the best entry will be: IF this is a leading diagonal( from LOW to now), 0.618 to 0.786 retrace.
Phoenix_Gruppe
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@MynameisTeo, There's a double zigzag - possibly WXY, not sure, too lazy to take it apart more precisely
If someone wait for a retrace, the best entry will be: IF this is a leading diagonal( from LOW to now), 0.618 to 0.786 retrace.