XBTUSD - Finishing B leg of an ABC Correction. 3200 then UP

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
$XBTUSD $BTCUSD almost finished the B leg of the overall ABC correction from the recent drop that took us from 6k to 3k. Currently one of two counts for me. Both of my counts has this move down as the B leg of the correction. This count has the move down as an ABC , with the C as an ending 3-3-3-3-3 diagonal. I'm expecting one more leg down into the 3200 region, ultimately completing the overall primary B leg of the correction. I will be looking for a sharp high volume wick that breaks our descending wedge and propels us into the last leg of the ABC correction in our C. Will post a new chart and targets once we break the wedge .

Alternatively I can also count this B leg as an WXYXZ correction. Both counts are still valid to me. Slightly leaning on this ending diagonal . You can check my profile for the other count.
Not looking to short this, as I do believe bearish momentum is thinning. Rather have longs stacked in preparation for what could be a nice C leg rally up to around 4.2k+ region.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out