BTC has just completed an ABC correction before we have the next run to $74,000 at the FIB level 1.618.
BTC will come down and touch the Daily 21 EMA before the next move, similar fractal in November/December 2020.
We have broken out of a falling wedge and came down to test as support S1 at $60,000, the EMA test should be today or tomorrow at approximately $59,000-60,000.
This will just be to flush out a bit more of the market before continuation.
Wave 1 - $63,200
Wave 2 - $59,000-60,000
Wave 3 - $70,000
Wave 4 - $67,000
Wave 5 - $74,000-76,000.
NFA, this is just for fun and for my own learning only.
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