as shown above, the price of btc have being consolidation since the beginning of 2021... which is marked A, mid 2021 we also saw a dip, marked B..followed by a break in the april 2021 highs, marked C.. the price of btc have being declining since november 2021..
EXTENDED FLAT.
A flat correction differ from zigzag, denote a subwave of 3-3-5
ftm one of the L1 ecosystem competing ethereum, the price action has failed do decline(retrace) compared to BTC. this shows smart money still holding thier bags.
1) as shown fatm is trading in channel on the weekly.
2) currently price has being ranging since last sept, (forming an ascending triangle).
3) a break-out and retest of the triangle would signal a buy...
