Technical analysis by FlokiCrypto about Symbol BTC on 3/2/2023

With Bitcoin at 29200, this would be validating a solid 5th diag. (this one is invalid above 29850 ==> this wave can't be longer than 3.) Volume and oscillator profiles match this thesis.Ethereum following closely on price action. I'd be very surprised to see a close above the upper diagonal TL, but it could wick violently above. If this should happen with a close above 29850, we'd be looking at a whole new structure. We are ready for anything.