Cryptoparrot13

EOS/BTC 4H Medium term 70% potential profit.

Long
BINANCE:EOSBTC   EOS / Bitcoin
I believe we're about to finish Wave IV correction. We still need another leg down (E).
Usually Wave IV retraces to 0.382 fib.
However, as we look at the falling wedge structure it might go lower. (down to the wedge support)

Buy zone:
-RED

Target:
-GREEN ( 1:1 Wave 1 extension)
Comment: We broke out of the ABCDE pattern.
Buy orders on the first pullback to the previous resistance.

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