Tendorian

March 12th BTC are we in a wave iii of big wave 3?

BITTREX:BTCUSDT   Bitcoin / Tether
Picking the bottom using Ichimoku yesterday was right on the money. Now let us talk about potential targets for this upmove. $10k is the obvious near term target, after that if you are still bearish in this market, you might want to target the 100% extension of the first wave to the 14k level for a ABC correction. If you are bullish which I am, the minimal target would be the 161.8% extension coming at 17.6k. If we are in a wave iii of a bigger wave 3, this upmove would be very sharp, with big green bars. So enjoy the upmove!

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