L0SSMAKER

L0SSMAKER

I look at Zoom correction as a non-standard correction small x wave where it started with zigzag and ended with flat. Then flat formed an ending diagonal indicating that bearish momentum is weak together with the bearish divergent signal from CCI. Eventually, the price broke away from that triangle line which I see as wave1 then now it's forming some sort of...

L0SSMAKER

Can play long and aim for 100% of w.1 But since w.3 is an extended one, we would expect w.5 failure. So it's better to set a target point at 272.21 (gap area a resistance line where target took action twice)

L0SSMAKER

BTC is forming an ending diagonal?

L0SSMAKER

Alibaba formed truncated zigzag correction and ready to retrace back 80-100% of the entire correction TP are 298.34 and 317.78