BTC simple analysis: box retest
Chart finished a bearish Elliot Wave and now can u-turn. Since it didn't complete full volume correction, it can go directly to 338% of E.W. fibonacci.
Sidenote: I have two boxes and don't know which on chart will go, but it will still go up so there shouldn't be any problem.
- Fibonacci is between 2 and 4 of E.W.
- The boxes are from an hour that was five times repited from a previous HH (or LL).
- Retest can finish without hitting the box.
Sidenote: I have two boxes and don't know which on chart will go, but it will still go up so there shouldn't be any problem.
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