We always think the bottom wave is complexe and it should be at least a 3-3-3-3-3 combination, but what if the whales have already entered and the wave is rather pure and simple. Here is my bet, since Feb 7th we are in a new implusive wave. The wave 2 retrace perfectly at 0.618 area and now struggling back at 0.382. Beautiful up channel, beautiful 1h rsi bullish divergence, beautiful DMI on all time frame >1H ( bull trending ). Entry: 0.382 area ish Stop loss: 0.618 area ish First target: wave 1 top Second target :4500 area ish
I assume a double top pattern for wave 5. I am still bearish for this year.
I will give you guys one tip: TAKE A FUCKING LOOK ON RICH LIST OF BTC. Clever boy understand what i am talking about. DYOR