5th wave to the upside is about to end. We need to cooldown a little bit and find the real strength during the correction. 67k- 67,5K is POC during this large consolidation structure. No, I am not shorting this. I will try to catch the next leg to the upside. I draw posible levels of ABC correction to get into longs. I am excpecting top of the 5th wave about 67200. The worst case scenario for ABC correction is around 60500.
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The 5th wave was prolonged and as you can see we hit the daily lvl around 68450 to perfection.
64000- 63500 is very nice lvl to get in some longs and catch the B wave of ABC correction!! And never know maybe we catch The BTC Conference pump without significant C-wave. Taking some profit around 67200 is always a good choice!!
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