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Hello everyone!

As you can see, #BTC hit 10K level and entered a correction.
I expected #BTC to reverse after the correction that we had until 9400... but after a short reversal; a new correction wave started.

If wave “D” from this triangle is already over; we will have even more correction to complete wave “E”.

Only if the red trend breaks above, we can say that wave “D” is not yet over...

Anyway I expect the current fall to continue below 9K

We are in search of reversal zone in lower time frames and will update you soon.

Note
btc



Possible scenario

In my eye the correction structure is still valid; until 8800 in the first step and then a short reverse in form of wave “b”. Followed by third wave of correction which will continue after that...
Note
btc


Buy around 9200 - 9250
stop loss 9 k
Note
btc




Possible Scenario

For #BTC to rise, it has to break 9200 level and stabilize.
If no, every move can be counted as a short rise followed by a bigger fall...
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