as it forming big Ending diagonal and 3-3-3-3-3 formation of the grand correction Z wave, in my opinion i think we are in the C wave of the 5th wave. :),so in med-term i think we are hitting 4900k-5.5k area passing through 6900,6050,6400-5600 as the 12345 waves as shown in the chart, i will be updating
for med-term as shown,already A&B waves are done,now C wave is forming 5 sub waves (out 5-3-5 correction formation),BTCwill pass through the support Fib levels 8850$,if not hold so 8250$,if not so 7700sh all the way to 7200 and may be more. of course the volume is a big player in this game,
that was may idea,all possibilities are on the table, please prey for...
hi everyone, as you can see that BITFINEX:BTCUSD forming the 5th wave of the C correction wav, i expect to reach the by zone (blue rectangle) 8300-9000 , as the fib retracement level .618 meet st fib extension 1:1 ration. then we can see what would happen next.
any constructive comment are welcome
this not a financial advice,it is only...