BTC/USDT (4H) Continuation of Short term correction

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Hi Traders,

As expected we found last wave of (3) or (C) in 920x Area.

Right now the fall to 8.5K could be wave (a) - still not finished in a moment. (One more drop to aprox 8.5K expected. Then small (b) wave Up. And continuation of (c) wave to 815x-8K area (0.5 retracement of (3) / (C).

Second buy zone is GP around 7.8-7.6K so:

1) Best is to wait for confirmation and count waves on smaller TF (30min/1H)

2) Or to set-up buy orders in between 8.2-7.6K (Every 50-100 USDT small junk of BTC) to get good average buy price.

Good luck,

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Bitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTElliott WaveshortWave Analysis

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