sixthatchers2

btcusd is correction over?

BYBIT:BTCUSD   None
so we didnt see the blue fib (a to b extension) but we did bounce from the green(minor 1 to 2 extension) as you see. currently trying daily ema 50 but considering the resistence, rsi divergence and we need to make a b wave down, i dont think this is a place to long rn. we might be going through a zig zag 5 3 5 to see a deeper correction down to 35 k as a result of ending diagonal. if we want to say this was a 3 3 5 and its over, we need to pass 61 k and clean the weekly macd and rsi divergence on the daily.

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