$BTC correction started. After we probably moon again!

6 בינו׳ 2018

After hitting my leg 5 target perfectly BTC started its corection how the whole 5 leg up move. Its still a bit speculative since i cant calculate leg C yet but i looked at a few other indicators to make an early guess. target C ends around .5 fib but i could see it go to .618 fib retrace as well. It also looks like the 4h 50 ema will be around that area at that time to give additional support plus the blue support line starting at leg 1. When there is more info in the chart ill update the target if needed. Overal still quite bullish but we just need to correct this nice upmove before we can test the ATH.