BTC two corrections

17 ago 2018

Here I have a lot of data in the chart, sorry if its a bit busy, but I have included two possible correction with 3 end point potentials. The first would be an ABC completed at the nearby algo target around 5200. The second and third are both WXYXZ corrections ending at either 4200 or in the 3k region. My primary is that we are making the A wave to 5200 for a reasonable bounce with significant bounces in the alt market occurring off the extreme oversold regions, then a hard correction to capitulate to 4200, though 3k is possible I think 4200 is the likely target.