badbeatnuts

XTZ / BTC - way to oversold

BINANCE:XTZBTC   Tezos / Bitcoin
Hidden bullish divergence coupled with a 5 wave correction from previous high. Possible another 20% down from here should BTC and the whole market retract more but I would start ladder buying from this moment onwards. BTC Dom. pierced immediate resistance but more overhead horizontal resistance and descending trendline is intact so should we see a break in the stock market, where the correction should also be finishing soon (hopefully), BTC going down a bit further and then relief rally for the whole market.
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