What happens next on BTUSD?
This is my analysis on E. Wave for BTC:
Right now we are inside a corrective wave 4 (big 4)
This wave 4 has 2 fractals:
1st ABC (AB completed, C in progress)
2nd 12345 for A + abc for B + 12345 for C (4 in progress + 5 still not yet formed)
So for tomorrow we should expect an uptrend for wave 4 of C (2nd fractal) up to 10.800 price area then, after reaching that price we should expect the 5 of C wave all the way down to USD 9,000 area. This should be the last downtrend: this will finish wave 5 of C of big 4
So anything between 10.800 and 9000k is good for buy and wait for the uptrend
This is not an investment advise, invest at your own risk.
Right now we are inside a corrective wave 4 (big 4)
This wave 4 has 2 fractals:
1st ABC (AB completed, C in progress)
2nd 12345 for A + abc for B + 12345 for C (4 in progress + 5 still not yet formed)
So for tomorrow we should expect an uptrend for wave 4 of C (2nd fractal) up to 10.800 price area then, after reaching that price we should expect the 5 of C wave all the way down to USD 9,000 area. This should be the last downtrend: this will finish wave 5 of C of big 4
So anything between 10.800 and 9000k is good for buy and wait for the uptrend
This is not an investment advise, invest at your own risk.
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