


It appears on the chart that we are currently in Wave 4. Price is located between the 38.2% and 50% Fibonacci retracement levels of Wave 3, which is a common retracement zone for Wave 4. We observe a clearly formed three-wave corrective structure, with Wave C extending to 123.6% of Wave A,which is also a common target for Wave C. Additionally, there is hidden...
We are most likely entering the 4th wave. Correlated charts such as CRYPTOCAP:BTC and CRYPTOCAP:OTHERS are showing a similar directional bias.
Wave 4 is formated as a triangle and we are heading for wave 5
Trade will be executed if we break through wave 4 of the Ending Diagonal
A five-wave impulse is completed,waiting for the correction!
Trade will be executed if we brake above D of the triangle
Trade will be activated if price breakes through wave 4 of the ending diagonal(88.19) with 1st target 85.33 and 2nd target 84.55.Until then,just waiting.
As we keep moving upwards,more double bottoms will be activated and take profit levels will extend.Nice R/R