BTC - watch breakout for a long to 7100

מעודכן
BTC is still making corrective pattern however like I discussed in my previous post this whole pattern could be WXYXZ. Z wave still has more leg up left if thats the case.
Watch a for bull break from this consolidation for a long to 7100.
I'm still expecting a new low to be formed after this WXYXZ completes.
הערה
Taking off

תמונת-בזק
הערה
More consolidation, expect a break to upside.

תמונת-בזק
הערה
a lot of indecisive at the moment,
corrective structure can get very complex like this. If its starts breaking down, I would expect something like this

תמונת-בזק
הערה
this just one of the ways it can go. The possibility and breakout up and continuation to 7100 is still possible. Watch for either a bull break or bear break. Because we can go both ways from here. I don't see big dump coming right now, we are still in consolidation and it can very complex.
הערה
I think this will be the reversal impulse to 7k
watch for breakout -
תמונת-בזק
הערה
Got a nice impulsive move to 6600. Expecting a bigger consolidation and then more upside to around 7100.

תמונת-בזק
הערה
This was the kind of correction i was looking for.
תמונת-בזק

Breakout from this corrective structure will take us to 7100.
הערה
We got another push but not looking good atm.
From here we can do a bigger correction and then make another leg upto 7100.

תמונת-בזק

Or we can break down and start consolidating below the trendline and start moving down.

תמונת-בזק

At this point both scenarios are possible so watching not entering any new positions.
הערה
scenario 2 - תמונת-בזק
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