Bigger correction for BItcoin

Hi traders,

Last week Bitcoin invalidated the wavecount so I've adjusted it. The way price moves it looks like Bitcoin is making a big Triangle (wave 4).

So now it looks like it's making another correction up for the D-leg. If this analysis is correct you could trade buys. But I would wait for a clear impulsive upmove before trading longs.

Now let's see what the market does and react.

Trade idea: Trade longs after a clear impulsive upmove and change in orderflow to bullish and a small correction down on a lower timeframe.

If you want to learn more about my analysis, please make sure to follow me, give a like and respectful comment.

This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.

Don't be emotional, just trade!

Eduwave