Done with correction (1h candlestick)
Btc completed correction at these levels looking for bullish continuation from here.
Komen:
23,000$ is our short term target.
Komen:
Watching for 15500$ to hold
if 15500$ doesn't hold 13000$ is the next major support and we will bounce there. (if support breaks target is still 23000$)
Komen:
( wave count if 15500$ breaks)
Komen:
Lets test that 15500$ level now! watch for a impulsive bounce
Komen:
original count was right 23000$ then 30000$ !
Komen:
( I can see that my first count was right because descending resistance at 16000 was broken )
Komen:
Clear bullish break on 5m
Komen:
I am aware of the potential head and shoulder formation and watching the neckline price of 14787$
But with a ABC correction we are more likely to see continuation
Previous bull flag fractal at 13214$ re tested the previous low before bouncing so unless that neckline at 14787$ breaks i'm bullish on bitcoin!