Yesterday, the price stopped at the Fibonacci level of 50% (5400), testing the channel's borders (red) tonight. Suppose that a correction was made in wave 4 (red) (A (orange) in the alternative), and now we are waiting for temporary growth.
In view of the upcoming SegWit2x, anything can happen.
For us, it is important that the price form a pattern of continued growth in the wave (1) (red), then we will be sure of further growth above 8000.
Otherwise, we get wave B (orange), after which we are expected to drop below 5400.
In view of the upcoming SegWit2x, anything can happen.
For us, it is important that the price form a pattern of continued growth in the wave (1) (red), then we will be sure of further growth above 8000.
Otherwise, we get wave B (orange), after which we are expected to drop below 5400.
