Hey traders!
Here is a fresh update about market situation. Seems like we started to move in 3rd correctional wave of Elliot Waves and according to Fib Retracement we could possibly go to the level around 56.000$. This level is also huge support level for the bullish flag, in which we're moving already for 3 months.
Plus, the RSI is also going lower and looks like it could touch the edge, if we're going to 56k level.
If you're planning to trade, I will try to catch up the long position after the 3rd wave movement will come to the end.
What's your thoughts?
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