Is BTC getting an ABC correction to complete the 2 wave?
https://www.tradingview.com/x/og50gdqM/
Looking a 30minutes chart we can anticipate some confluence around the golden box. First we have the first algo target 0.23 along with the high probability for the 5th wave, putting and A for the ABC Correction.
We know that the highest probability for the 2nd wave is between the 50 and the 61.8%, so finishing the 2nd wave inside that range would make me more confident. For this reason, I expect BTC correct, at least, 50% of the entire move.
For the projection of the 3rd wave we would need to watch much more volume. Also the RSI is finding some heavy resistance trying to cross the 75.
For the Bull Run we need way, way, way more volume
This is not any kind of adsive for buying or selling.
Peace!
Looking a 30minutes chart we can anticipate some confluence around the golden box. First we have the first algo target 0.23 along with the high probability for the 5th wave, putting and A for the ABC Correction.
We know that the highest probability for the 2nd wave is between the 50 and the 61.8%, so finishing the 2nd wave inside that range would make me more confident. For this reason, I expect BTC correct, at least, 50% of the entire move.
For the projection of the 3rd wave we would need to watch much more volume. Also the RSI is finding some heavy resistance trying to cross the 75.
For the Bull Run we need way, way, way more volume
This is not any kind of adsive for buying or selling.
Peace!
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