[BTCUSD] A healthy correction! Short-term analysis

Yesterday, the 5 waves were ended at $8240 and now correction waves are in progress. As the middle-term trend line(line along the 6k and 7.2k) is located, the price level $8240 acted as the major resistance. That's why the correction wave began at this level. To break the major level $8300, BTCUSD have to get force to jump up through this correction.

Now, the price is on the "B" wave in short term, and let's see how the wave goes.

Commentaire:

update

short-term scenario
BTCUSD is ongoing the correction, and some bullish patterns can be found in the short-term cycle. At this moment, this kind of pattern will be possible!