Justification is indicated on the chart
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I wanted to get the idea out there quickly however I am seeing a perfect set up for a long position checking for weakness along the way. I never really use the Fib retracement tool or any Fob tool for that matter however there was too much confluence in this area for me to ignore. A nice channel, Complete ellot wave and retracement to the golden zone which just so happens to fall on the 225 day ema on the 30 min chart with the dominance showing some signs of weakening at that to of a bear flag... yeah Id say this is a statistically high probability bet. Stay tooned kids.
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Taking longer than expected but tomorrows daily candle should look nice and green before the weekly close.
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getting in lower... hard hitting a moving target but sometimes thats the name of the game.. that being said there are some altbtc pairs one could short
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Im getting back in at this point with a heft long position at the golden zone. .00002785 SATS LONG.