just within hours BTC yet waiting for confirmation,
as for now, BTC has a breakout strongly upwards as if it's wave 3, but it could be wave C of the zigzag. so we have a prime scenario, that now we are in the second wave of wave 3 and breaking the previous higher high confirming we are in the middle of wave 3 and we are bullish from now on.
the second scenario is ABC instead of 12i as the label mentioned on the chart, waiting to break the previous low, as in this case, we are bearish to the end of the current channel.
I assuming the first scenario, but still waiting for confirmation to trade.
if you like my TA follow me for update
do your own math and trade safe
regards
as for now, BTC has a breakout strongly upwards as if it's wave 3, but it could be wave C of the zigzag. so we have a prime scenario, that now we are in the second wave of wave 3 and breaking the previous higher high confirming we are in the middle of wave 3 and we are bullish from now on.
the second scenario is ABC instead of 12i as the label mentioned on the chart, waiting to break the previous low, as in this case, we are bearish to the end of the current channel.
I assuming the first scenario, but still waiting for confirmation to trade.
if you like my TA follow me for update
do your own math and trade safe
regards