Btc completed correction at these levels looking for bullish continuation from here.
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23,000$ is our short term target.
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if 15500$ doesn't hold 13000$ is the next major support and we will bounce there. (if support breaks target is still 23000$)
Watching for 15500$ to hold
if 15500$ doesn't hold 13000$ is the next major support and we will bounce there. (if support breaks target is still 23000$)
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( wave count if 15500$ breaks)
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Lets test that 15500$ level now! watch for a impulsive bounce
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original count was right 23000$ then 30000$ !
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( I can see that my first count was right because descending resistance at 16000 was broken )
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Clear bullish break on 5m
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But with a ABC correction we are more likely to see continuation
Previous bull flag fractal at 13214$ re tested the previous low before bouncing so unless that neckline at 14787$ breaks i'm bullish on bitcoin!
I am aware of the potential head and shoulder formation and watching the neckline price of 14787$
But with a ABC correction we are more likely to see continuation
Previous bull flag fractal at 13214$ re tested the previous low before bouncing so unless that neckline at 14787$ breaks i'm bullish on bitcoin!