BTC (hour)- Breaking the resistance or reversing at $5,000.00

I think we could hit $5,000.00 reverse into a 4th wave to around 4500-4600 and then start a large extended 5th wave (this time breaking through $5,000.00)

Or break over $5,000.00 and continue into a larger 3rd having a steeper correction for a 4th later on.

Kommentera:

just realized that the fibb retracment snapped out from where its supposed to be (starting at wave 2 and ending at wave 5 of wave 3). The retracement of wave 4 falls just inside the 50% retracment area. (if we do reverse at $5,000.00)