It is possible that we approached the end of the last corrective wave and we're starting a new cycle.
What to watch for: - If we break the green trend line, my assumption is very unlikely to happen and we will be testing our support zone. - If we keep moving parallel to the green line & break the yellow one, then it's more likely that we'll see something like the waves in the 1D chart.
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Looks like on the 1-day chart we're moving parallel to the green trend line.... Let's hope BTC survives and completes that 3rd wave