here i projected the general movement of the correction.
now that more of wave 4 has played out we can see a more general direction of the correction. it looks like we're in a downwards channel right now. we rejected the 200 hr MA (not a coincidence that's also the 0.38 fib mark) so i'd say there's nice support there. good buy in would be around 16k-17k sat. however, this correction is playing out slowly so for now i'd just watch at a distance.
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