Bitcoin / TetherUS
Long
Updated

BTC to new high...

402
It seems that BTC to be at the beginning of wave c:B. price is supported in green zone that it includes fibonacci 1.618 of wave W and fibonacci 0.5 of wave a:B and fibonacci 1.272 wave X. I expect that price to rise to red zone that it includes fibonacci 1.38 and fibonacci 1.23 of wave A and fibonacci 1 of wave a:B.
after that price completes the extended flat pattern in red zone, I expect the price to decline below the end of wave A and probably below 80,000.
Trade active
snapshot

It seems that the price is completing wave 3:c. Probably, in about a week, the five impulse waves of wave c:B will be completed. After that, I expect the price to drop below 89,000 and probably below 80,000.
Trade closed: target reached
snapshot

it seems that wave Y is forming a flat pattern and price is at wave c:Y. so price will retest the green zone before going up.

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