Environment to resume longs in crypto is again positive, based on the wave structure.
The retracement retested the base channel + MA200 + Fibo zone 38-50% against the wave 3.
What is IMO not ok so far - is that both waves 2 and assumed wave 4 are zigzags. Highly likely, the wave 4 will be more complex that a simple zigzag - in order to deliver the strong wave 5 and break the ATH the scenario with the triangle is the preferred one
The retracement retested the base channel + MA200 + Fibo zone 38-50% against the wave 3.
What is IMO not ok so far - is that both waves 2 and assumed wave 4 are zigzags. Highly likely, the wave 4 will be more complex that a simple zigzag - in order to deliver the strong wave 5 and break the ATH the scenario with the triangle is the preferred one
Feragatname
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