BTCUSD lacking healthy correction
As per my previous chart on XRPUSD, BTCUSD is also lacking a healthy correction.
The previous correction was not enough to take it to new high.
I think it will need a correction below 0.5 fib to take to a new high.
This signal is very bullish but lacking a healthy correction.
Look out for the level of correction to decide where we will go next.
Here is the chart from last correction and you can see clearly that there was a correction of 0.5 fib in July which took it to a new high.
Best of luck.
The previous correction was not enough to take it to new high.
I think it will need a correction below 0.5 fib to take to a new high.
This signal is very bullish but lacking a healthy correction.
Look out for the level of correction to decide where we will go next.
Here is the chart from last correction and you can see clearly that there was a correction of 0.5 fib in July which took it to a new high.
Best of luck.
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