BTC seems it cannot break resistance. Will Inverse headshoulder justify the trendchange to new ATH??
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Tight waves, new high. Previous ABC corrective wave was in 3-5-3 formation. I expected to be 3-5-5 formation. The dip to 56xx was subwave 2 of bigger wave 5.
The new high is made in subwave 3. Expect small correction in subwave 4 and be aware subwave 4 could be small again like subwave 2. Subwave 5 for another high to 6.2 to 6.5k to complete the bigger wave 5.
Capital management is recommended and this all is pure for educational purposes.
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Divergents getting bigger on 1D TF MACD RSI and STOCHRSI. Be aware!