BTC stations at 42, 45 and 50k. After calling out the bottom, also rsi had broken out of the TL>After breaking out from the super imprtant Tline, rounded fr simplicity. station 1 is done. more importantly 200 d sma at 44800 needs to be smashed to bits. super important. on way down 21 week ema at 39670 to offer support This is Wave 5 subwave 3(I) in progression the most violent one yet to come
Fibs and resistances given for spot/futures
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If this breaks we retest the TL/breakout on 41k. retest of breakout. 40.4 to 41k will be very ok- incidentally these levels between 0.65 and 0.5 retracement BTC