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$BTC #Dominance Chart

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Honey Trap 🪤 Something Big Happening within 2 days be careful

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Asslam o alikum Brothers after successful$CYBER trade now I found another super potential Coin

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$BTC Please use Tight STOP loss 🛑

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$BTC USDT Bollinger Bands and Keltner channels are showing a positive divergence between this drop and the last drop on the 4hr. RSI is still bullish on the daily and showing more buyers than sellers on the weekly. The Momentum squeeze is squeezing on the daily and above the zero line pointing towards a move up once the squeeze releases. There's a demand zone on the hourly which we are sitting on right now, with the supply zone around 43750. This drop looks like an extened wave B of a Flat reaching 2.618 and it looks like wave 5 is probably done. We are due for a good correction on the weekly, but probably everyone is a little on edge over that one, which the whales could use to their advantage. This low if it holds is higher than the last one. Overall it looks like we just finished Wave B of a flat on the hourly chart. If so we are proably looking at a retracement up to the 90% level for higher or Wave C. Keep an eye on the retracement levels. if it stalls below 38.2 watch out for another drop. If between 38.2 to 50 that would signal some weekness. If it blasts past 61.8 probalby the bulls are still in control and we'll see the Flat complete. It could go lower but probably not much based on the Wave Principle. What do you think? Y/N

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