Whoever has been following my TA of the current BTCUSD price development knew that I was anticipating a last leg in what I assume is an ABCDE corrective pattern in a triple three.
Well, here we are:
If we can now see a higher low, it is likely that it is the beginning of (C) beginning the end of the overall ABC corrective pattern of the last swing down from the vicinity of 6000$ with a target around 4400$ in a realistic and 4800$ in a bullish scenario.
Remember TA doesn't translate to Trading Advice!
Well, here we are:
Remember TA doesn't translate to Trading Advice!