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Crypto market is looking higher, but be aware of a correction [Video]

Crypto market is looking higher, but be aware of a correction [Video]
Gregor HorvatGregor HorvatWavetraders

Stock market remains strong at the begninning of the week and we see Cryptos still under bullish pressure, but still be aware of limited intraday gains this week, as we see it approaching interesting Fibo. cluster target area for wave »v« of 3. So, once subwave (v) of »v« of 3 is fully completed, watch out for a higher degree wave 4 correction that can retest 950B – 900B support area before the uptrend for wave 5 resumes.

Chart

If you want higher degree picture on cryptocurrencies and some of linked stocks, then check our  video below:

 

Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here.

Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here.

Author

Gregor Horvat

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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