So here we have an update to the EW scenario I posted 2 days ago. I believe that wave 2 of C of B has been completed as it has done a plausible ABC and has tested 50% of wave 1. Targets for Wave 3 will be the resistance red bar. I don't see it going above the 1.886 of wave 1 as that would project a very high wave 5. Since the pattern is an ABC within a larger ABC, the target for B still remains to be circa 54c. Thus with this logic I expect wave 3 of C of B to reach 0.50c and then fall for a wave 4 before going up to the finale of 0.54c. After that we should see a test of 30c or even 22-24c. This goes in line with BTC going up for a B within its ZigZag of it's grand scale wave 4.
Comment:
However don't be alarmed if we continue down if wave 2 is not done. In which case it shouldn't go below 0.413-0.408c