Left Chart
- BTC bigger Wave C correction yet to hit 1.618 of Wave 3 Upward Fold.
- Wave 1.618 of Wave 3 Upward Fold confluence with 0.618 Golden Retracement. Would be Perfection.
Inside Wave C: (Right Chart)
- We see 5 drives followed by a textbook ABC correction.
- Wave C of this ABC hit 1.618
- Confluence here with multiple bearish indicators 1H, 200MA Resistance, 4H Death Cross etc...
- Sentiment Contrarian Alert - !
New Downtrend may have just started.
For bulls sake, hope I'm wrong.
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