Hi
High speculative price action here, but if BTC breaks it at $26.6, then I will target a 0.618 retracement of the XA wave.
This retracement would fit perfectly with the breakout of 22.6K.
Then it would throwback to 26.6K for a final drop to 21.3K to complete the pattern.
This way BTC would consolidate longer in this range and the next up wave would be more consistent and healthy.
GL in your trades.
High speculative price action here, but if BTC breaks it at $26.6, then I will target a 0.618 retracement of the XA wave.
This retracement would fit perfectly with the breakout of 22.6K.
Then it would throwback to 26.6K for a final drop to 21.3K to complete the pattern.
This way BTC would consolidate longer in this range and the next up wave would be more consistent and healthy.
GL in your trades.