Crypto market is making an intraday pullback within uptrend

Gregor Horvat Wavetraders

The Crypto market is making a corrective intraday pullback after we spotted an intraday five-wave impulse into first wave 1. We have seen some intraday jump last week, but it immediately turned down, so on the intraday basis it can be still trading in an a-b-c flat correction within wave 2, where subwave »c« can retest 1.11T support before a bullish continuation towards the April highs for wave 3 of a five-wave bullish cycle.

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Author

Gregor Horvat

Wavetraders

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

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