ETCUSDT
The 3rd wave touched 1:1 Fibonacci extension. Now the 5th wave is on its way.
The sub-wave of the 5th impulse wave is in its correction form and possible 0.382 fib retracement is expected.
5th impulse wave is expected to touch 1:1.618 fib extension or 1:2.618 if BTCUSD shows some aggressive move.
The sub-wave of the 5th impulse wave is in its correction form and possible 0.382 fib retracement is expected.
5th impulse wave is expected to touch 1:1.618 fib extension or 1:2.618 if BTCUSD shows some aggressive move.
Yorum:
Bounced successfully 0.5 Fibonacci retracement zone with strong volume. Still didn't reach the 1:1.618 fib extension target.. Looking for rsi and volume confirmations.