XBTUSD EW Count - Final WXY Correction in larger ABC Correction

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Looks to me like we are in a larger degree ABC correction from the drop at 6k. We've been channeling pretty well and forming several key fractals. I believe we are completing what looks to be the last leg of the WXY complex correction. My targets here are around 3350. 1:1 extension of the W:Y is around 3450. I am currently short, looking to take profit at this level and will hold for a possible chance to slide down to 3350. Im thinking we might create a rather large impulse rally to about the 4.5k area once the Y completes.

TLDL: Short Term bearish , medium term bullish , long term dont know but leaning bearish
Comment: Made a small update on twitter describing my buy zone and what I'm potentially looking for as an indicator that we will move up.
Trade active: I don't believe the 5 is in yet. you can check out my twitter for a detailed update
Nice count dude! keep posting
joncc ADA_ADA
@ADA_ADA, thanks for the pos feedback
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out