Ok, let me be clear: I won't go short on BTCUSD, not now, not tomorrow but do we go all in from here? Not too sure.
Corrective 3 waves from 4,627.16 low as RSI divergence has been erased in 4h.
Now, if you know me, I don't need a motive 5 waves to declare a trend , indeed, most trends are in corrective 3 waves in forex, crypto no exception, so I'm not saying it won't break higher after a correction (I hope it does for my daily longs), what I'm saying is that there are clearer structures in other crypto at the moment that offers a better setup.
What is your take?
Corrective 3 waves from 4,627.16 low as RSI divergence has been erased in 4h.
Now, if you know me, I don't need a motive 5 waves to declare a trend , indeed, most trends are in corrective 3 waves in forex, crypto no exception, so I'm not saying it won't break higher after a correction (I hope it does for my daily longs), what I'm saying is that there are clearer structures in other crypto at the moment that offers a better setup.
What is your take?
