#BTC #Altcoins Everything is indicating impulse wave5 down is finished. ABC correction is active. Attempting $42000 would not be out of the question. However before we pump to ATH, We must drop for a WaveB once confirmed this is where we enter for long. Bulls so far managed to keep the price up, Which caused a reversal pattern on the Elliotwave indicator, wave5 did not finish much lower than wave3 which means the price should stay above these ranges. We will not enter a LongTerm trade until confirmed.
Bull Trap?
NOTE: Unlocking all this Btc can still draw price down to $22400-$19850. A price range we seen very little price action. Investors psychologically draw attention to “Gap-Ranges” such as those minimal price action ranges.
By: via Trading Crypto WhalesOfMargin Free Signals & Trading info