Old 5th wave completed and retraced 50% for whole wave. Now starting a new wave and we are on wave 3. So, wave 3 should reach at least 100% of wave 1 fib (Target 1 around 6363 sat), then wave 4 should retrace to 61.8%~50% around 5265~4926 sat (re-entry zone) and wave 5 should complete 161.8% (Target 2 around 8139 sat).
Higher low RSI. As wave 3 completed with high 261.8% (89630 sats) , so wave 5 possibly could reach 1:1 of wave 3 at resistance around 96000 sats, and also can be fail to reach only 261.8% around 89630 sats.
Wave 2 retraced to 50% Level and bounce back. So Wave 3 will reach at least 100% at 1st target around 5418 Satoshi. Then Wave 4 should retrace to 50% for re-entry zone and complete Wave 5 at 161.8% for 2nd target around 6978 satoshi.
Wave 3 reached 100%, Wave 5 should reach 161%. It's on ascending triangle and will breakout at in coming weeks to reach the target.
RSI looking bullish, Ready to go through the cloud to reach the target 1:1. But take some profit on the way.
Wave 2 is completed. Wave 3 target 100% & 161.8%. If it could reach 161.8%, so it will retrace to 38.2%~50% then go to target 3. Start learning to chart. I would appreciate if anyone could give me advise. Thanks!
Wave 2 is completed. So Wave 3 should be reach 1:1 target. After that it should be retraced to 50%~61.8%.