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Possible elliot wave in formation, wave 1 and 2 complete
BTCUSD
, 60Long
BTCUSD: Possible elliot wave in formation, wave 1 and 2 complete

The wave three could reach 1.618 fib extension. Since wave 2 did not retrace much, i expect bigger retrace on wave 4. Wave 5 will target diagonal resistance that has been forming for a while now.

BTC short to ~ 0.5 - 0.618 fib retracement
BTCUSD
, 120Short
BTCUSD: BTC short to ~ 0.5 - 0.618 fib retracement

BTC will retrace between about 0.5 - 0.168 fib. Elliot wave 5 completed.

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