veltto_keksi

BTC short-term correction

POLONIEX:BTCUSDT   Bitcoin / Tether USD
We're entering sell-zone. Whether this will be a short correction down, before moving up again, or a bigger correction part of a bigger cycle - I don't know. If it's a shorter correction, I'm looking around 3900 as the down point. For a bigger correction, 2700-3000. What bugs me, is that for this (1-5 wave that I drew) to be the third wave in a new cycle after the dip to 3000, it is too small (as would have been the first wave also). Which makes me think that we are still in the B-correction of the last cycle.

*plays Inception soundtrack*
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