I think we have finished 5th wave and will start downtrend now.
4th wave didn't even retraced to 38.2% and that surprised me, it confirms that BTC is very bullish!
Currently we are hitting extreme resistance now from channel and previous support/resistance line. 5th wave just hit 38.2% extension and i think that is a wave 5 peak ($11550)
Im expecting to see ABC correction pattern now to %38,2 levels or blue support lines, it would be great if we stay above $9085 (wave 1 peak) to remain bulish !!
4th wave didn't even retraced to 38.2% and that surprised me, it confirms that BTC is very bullish!
Currently we are hitting extreme resistance now from channel and previous support/resistance line. 5th wave just hit 38.2% extension and i think that is a wave 5 peak ($11550)
Im expecting to see ABC correction pattern now to %38,2 levels or blue support lines, it would be great if we stay above $9085 (wave 1 peak) to remain bulish !!