BTC to double top before 50% correction
Hi,
I didn't mention this cycle's bullish objectives in my last published ideas. I believe we've just had a small cycle's corrective wave at the end of a huge light blue wave 3 which top now we're now heading to. Three level cycles correlate for a top around 35k. I'd favor a double top at 34-35k according to my biggest and smallest cycles (which would be just a mere extension of intermediate green wave 5 above its 423.6% target). I expect the incoming correction after reaching that top to be strong and probably retrace back to 50% ($21,830 if double top) or 61.8% ($18,730).
Trade safe.
I didn't mention this cycle's bullish objectives in my last published ideas. I believe we've just had a small cycle's corrective wave at the end of a huge light blue wave 3 which top now we're now heading to. Three level cycles correlate for a top around 35k. I'd favor a double top at 34-35k according to my biggest and smallest cycles (which would be just a mere extension of intermediate green wave 5 above its 423.6% target). I expect the incoming correction after reaching that top to be strong and probably retrace back to 50% ($21,830 if double top) or 61.8% ($18,730).
Trade safe.
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