Technical analysis by vile_virus about Symbol BTC: Buy recommendation (4/15/2024)

Apr 15 The pull back here appears to have cleared out some high leverage while maintaining the range low. It appears thus far that we are in a flat- regular correction as the rules indicate that it ends in an impulsive move, followed by a spring. Considering that we are in a 4th wave of a 5 wave structure, id a expect a bit more downside before hitting the range high. The 1 hr tf has a bullish div. I do expect another 5 wave pullback into pink box before the spring to range high. However the market will decide the outcome.