4th Wave Has Started, What Does It Mean?

If you wanna see my mid term view on Bitcoin, please read my previous post as it's still valid:
https://steemit.com/bitcoin/@benkalashnikov/3a4qrj-bitcoin-short-term-view-neutral

Correction Targets:

• 4th wave often corrects 0.236 to 0.382 areas
• Most likely that we only hit the 1st target.
• ABC correction with a 1:1 target means we're gonna land right above $7,100 which is where I have most of my buy orders
• Red lines are my orders where I sold and green lines is where I'm looking to enter again.
  

Alternative

Could also be looking at something like this. Only concern is that some subwaves don't look 3-wave-ish.

FREE Trading Group On Telegram

Want to join my trading group for free? It's the place where we discuss technical analysis, share signals and much more. Sign up at http://www.benkalashnikov.com

Benkalashnikov Fund For Charity

I'm raising money through my charity fund. All profits I make with this fund will be shared to the upvoters and to charity. To claim your share and join for free, please upvote this post and sign up at http://www.benkalashnikov.com

Want to support me?

✅Upvote my blog posts on Steemit:
👉https://www.steemit.com/@benkalashnikov

✅Or, use the same web browser I'm using, called Brave (affiliated with BAT coin):
👉https://brave.com/ben180

🔴 Subscribe to my Youtube channel

Want instant buy recommendations?

🔥 Spreadsheet: https://www.benkalashnikov.com
🔥 Twitter: https://www.twitter.com/benkalashnikov

=====

Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.