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BTC - Downtrend Continuation

BINANCE:BTCUSDT   Bitcoin / TetherUS
HTF zone presented using the Weekly Time Frame. Bias is downtrend mid term.

1st Impulse Wave complete, with Sub-waves forming a leading First wave Diagonal.

ABC correction wicked at 0.618 bang on.

2nd Impulse Wave on the move. Wouldn't Focus too much on the oscillators given the distortion from COVID 19 Effect.

Approaching First trouble area.

Lower Time Rejection of resistances on a daily time frame to finesse an entry point.
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