It looks like we might be right on the brink of the corrective wave (2). Yes, minor wave 4 overlaps minor wave 1. It is acceptable in leveraged markets by wick or so. Potential 200% from the bottom of the RED up to the bottom of the GREEN
Buy zone: RED - 0.5 fib retr. / 0.618 fib retr.
Targets: BLUE - 1:1 fib extension GREEN - 1:1.618 extension
Yorum
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Touching the buy zone. I would wait untill BTC stabilizes a bit.
Yorum
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Buy zone reached. I believe we just finished ABC correction.
Yorum
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We're in the buy zone right now. 0.65 fib held perfectly. However, if BTC dives down, it will most likely follow.