Now i can't sure in corrective wave of BTC already done or not.
Maybe triangle we see now in wave B of BTC, maybe not. We have 2 plan A and B. A if btc breakout triangle and up, B if btc breakout and down. I think plan B will be (80%) and plan A (20%). For me, i will wait for breakout of triangle (may be 7-8/1/2019) and decide to buy or sell.
if btc down, it...
Triangle only on wave B or wave 4. In this case maybe BTC gonna finish wave B and begin wave C in correction wave. So it will drop to 3k3-3k4 at the end of wave C and pumb again.
now we in wave 4 of big wave (correction wave - ABC)
- In correction wave ABC, the wave A and B ended, let begin wave C. wave C maybe dupm to 0.618 of fibo at 35xx. and begin wave 5 of big wave.
- wave 5 of big wave i hope to lever 0.236 of fibo at 6xxx.
Now BTC moving in triangle. This's not uptrend, this's wave resumed after BTC down from 6k2 to 3k4. In this case as a role BTC must to moving to wave D and E and move to new bottom.
if BTC break out to 4400 and move to new support i think this triangle will be distroy. But very difficult to do this, because i don't see any volume buy in this level. BTC...
