BTCUSD - Have we seen the top? What to expect next

BTCUSDT
Ok, We might have seen the top or at least for a short term. In the coming sessions, the first thing to confirm will be the 5 wave down movement at the micro level. This will confirm that further selling pressure will resume after a-b-c rally. The short term target will be the bottom channel line in blue. From that point, there is a possibility for another rally labeled as wave V circle. This may or may not happen as the minimum wave count requirement has already been there. If it turns there will be short-term opportunity to ride a short uptrend.

Komentar:

Five waves within wave iii confirmed. The next target will be the second green support line.