Hey, guys!

As I told you in today's analysis I has been waiting for the first fractal level forming above the Alligator. Price has formed the fractal just above it at $27737 and I opened long trade at the breakout.

Earlier I considered two targets for the wave 5. $26800 and $29600. Obviously, BTC chose the maximal target. Therefore I am waiting for this target at least to close my long trade.

Chart 1. BTC price

Best regards, Ivan

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