I'm aiming for the zone between the .618 & .65 fib levels. I think we're currently in the C wave of wave 4 correction
Wave 1 did a 50% retracement and I have my buy zone at the 50% as well for the end of wave 4. Currently it looks like we are in the B of our ABC correction through wave 4. Upward trajectory seems likely to continue, unless we break under $1 again.
Seems like we should be getting an upwave soon, but I'm just not 100% on my wave count here. Our volume looks good on that last big upwave, suggesting to me that it's only wave 3. We got a double top on the RSI for that wave though, which might point to a good sell out point for wave 5. That last big sell off where 4 is might be a decent support. Keep an eye on...
You can see that the pressure in the RSI broke upward when we went to .85 and then bounced off our average line, showing that the average line now represents a support