We are now certain that the correction ended at around $7.3k zone. An impulse wave followed and it looks like wave 3 is now complete. If this is true, then downward wave 4 is expected up to $8.5k zone. This is supported by 15min. MACD and RSI indicator.
If wave 3 is not yet finished, then another upward wave up to $9.2k zone might complete the scenario (1 Fib. extension)
Obvious breach of $8.4k zone will invalidate the current count and may start a downward trend.
Earn through SMARTSTEEM - guide
Earn followers and upvotes through STEEMFOLLOWER
Earn through mobile mining - Electroneum
Trading Strategy 101 – Understanding Cryptocurrency Volume
Trading Strategy 101 – Understanding Order Books, Buy Walls, Sell Walls, and Fake Walls
Trading Strategy 101 – Using 3 Moving Averages
Trading Strategy 101 – Support and Resistance Zones Strategy Guide
Trading Strategy 101 – Easiest Bitcoin Trading Strategy
Crypto Guide for Dummies - Avoiding Beginner's Mistake
If you liked this post or it helped you in any way, please upvote, follow, and resteem so that more people can learn about this information! Thank you!