Therefore, so far I can see one nice grow in 12345 waves. There is a small correction , over at this time, so from now on, in the next hours, it's road is coming back up again.
Look for a breaking at 17000 satoshi and going up to 30.000 satoshi in the next 2-3 days.
"Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.
Rule 2: Wave 3 can never be the shortest of the three impulse waves.
Rule 3: Wave 4 can never overlap Wave 1."
One thing to keep in mind is the stop loss at 11500 satoshi, that would break 4th previous down wave.
This is how I see it.
The same case in this matter.
If anybody followed this trade, it is time to put a stop loss around there somewhere.
Inverse cup and handle formation.