Hello Trader
What appears that the sellers are very strong, especially after announcing the inflation rate, which was negative in most of the markets, is no longer negative for us.
The first scenario and what it shows is that we got an ABC wave almost represented by the green arrow, we need to see a 100 percent bounce within the corrective range with the yellow balloon and we get On a correction and a break in the range I represented in the black, and this, will be our investment rise.
The second scenario: If Bitcoin returns like what I represented in the brown stock, it will rise to 32 levels only, and then descend after that, and we remain in the idea of a major correction for a final decline.
The last scenario is that there is more decline and what we need is a correction It appears like what you represented with the red arrow, then it broke the range, and this would confirm us to go down to break 26 thousand levels.
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