Just my take on today's action...as I see it we have just left the wave 4 wedge into wave 5.
Targeting 1550s...possibly 1560s for this wave.
That will complete wave i of the larger 5 (v) waves targeting 1616 - 1680 range again.
Solid red line is the 'sell off' level from the other day...700, 800 btc chunks were being sold off at 1575 level so I expect resistance here...definitely will be setting any sell orders below this level in anticipation of it
Targeting 1550s...possibly 1560s for this wave.
That will complete wave i of the larger 5 (v) waves targeting 1616 - 1680 range again.
Solid red line is the 'sell off' level from the other day...700, 800 btc chunks were being sold off at 1575 level so I expect resistance here...definitely will be setting any sell orders below this level in anticipation of it