(Midterm zones (UPDATED)----- So I have updated the chart with a couple differences from the other. So everything is still the same I have just cleaned up the chart and just added a couple neat adjustments. Ok so we know we came from a "5 wave down" and made a "Minuette" (ABC) to then make another "5 wave down" which we had projected earlier in last week.Now we have (2 counts) and we will know how to confirm them. So First count (Pink) is a (ABC Minor) and with that being said I have question marks on them is because we cannot confirm that till the conservative break of the (Yellow & Red zones) which would then lead "$BTC" higher. Now the "2nd count" (Green) is the "Continued 5 wave down" which would make this the "1st & 2nd wave minuette" towards the "Minor 3rd and 4th wave" which would be confirmed by a rejection from the (Yellow & Red zones) and the break of the (Red line below) making a new low for "$BTC". I have also added (Fibonacci pivots and supports). As always these are my opinions :)
As always happy trading : )
As always happy trading : )