Technical analysis by DobrijZmej08 about Symbol BTC: Sell recommendation (5/5/2023)

ZmijElliott BTC H4 triangle correction to 26 000? Timing: • until the 100% period we have 2 weeks • right now we reach 61.8% by the time • also, the price reacted to 38.2% Correction levels: • regular for wave 4 it is 38.2% (for our case it is 26 600 level) • for crossing with fibo-time it is 26 000 level - it is possible because upper than 50% • triangle for wave B also likely • divergence for wave A very confusing (maybe the most confusing part of this structure) • top of wave A allows us to feel good with the cross of the 4th wave (25 350) Summary: • looks like the facts above explain more of the last moving of BINANCE:BTCUSD