BTC still in correction
I've been stopped out at 7250. No problem, looking for another run. We must hold this RED weekly trendline.
From weekly perspective we could be in B wave for fourth wave triangle, so if we rally it may turn down for C wave after breaking All Time High.
For now I'm waiting for it to finish C wave inside Y wave of the ZigZag. If the FIB support and Weekly (RED) trendline will hold and price will go up, we will wait for the pullback to FIB 50% – 78.2% and then enter.
Good luck!
From weekly perspective we could be in B wave for fourth wave triangle, so if we rally it may turn down for C wave after breaking All Time High.
For now I'm waiting for it to finish C wave inside Y wave of the ZigZag. If the FIB support and Weekly (RED) trendline will hold and price will go up, we will wait for the pullback to FIB 50% – 78.2% and then enter.
Good luck!
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