springallcoins

springallcoins

Something makes me wonder whether this will turn into a wxyxz correction given the impulse wave failed to breakout of the down trend and we are on a 5 wave form down. Bottom target for next pivot is at 0.00002260 OB. We need good volume to break the pattern but should see rebound and up trend back to 0.00002700 range. My only worry is this is likely a B wave which...

springallcoins

Retrace to the trend line at 0.00002400 which is acting as support. If this breaks will probably drop to the main historic trend line at 0.00002160. All depends on BTC. Do your own research, not financial advice.