As you can see yesterday retest of Phase C of Wyckoff pattern has been perfectly done, RN the main way for BTC is going upside to the local and main resistances, This is not a high volume movement to the upside. This should be slow and steady but healthy. Im looking to take profit at each local R because if this pattern becomes true, Wyckoff Phase D will be...
Potential midterm long investment on 1inch! BUY THE DIPS...
Dont trust the news! trust the history. when everyone is buying you should find the best selling spot.
As long as eth making ATH and daily RSI is forming higher highs, the price structure is strongly bullish, keep your eyes on these two factors because BTC was making ATH but RSI was forming higher lows and that was the main reason for not being bullish anymore.
nice support on the fib level and also super trend! ABC correction is the main pattern for BTC right now!
Careful about the Elliot waves! You can see how perfectly these Elliot waves and Fib levels rules the market ALMOST TO THE DOLLAR ACCURACY! BTC is trying to make B wave right now and the ABC correction has not been completed yet. A healthy market needs to correct itself otherwise we can not expect higher prices.