BTC wave 3, alt (3) complete?
5124 zone is significant resistance on BTC. the 1.618 extension from Dec 15th low to Dec 24th high (wave 1) to Feb 7th low (wave 2). At glace wave 3 should complete here soon, followed by a pullback (wave 4) to as low as 4180. 4490 (.382% retrace), may be a good spot for reentry long. The 50% retrace coincides with new invalidation levels. I'll update the chart. I'm take profits current 5164 from my 3200 buys, and step aside. Longer term, I remain bullish , so as above 4180 Here's the chart. Ellioticians-consensus?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.