No changes here to the previous chart which I have attached from the 7th of June.
I showed that Wave C would pull back to the 200 Day MA, which is what we were waiting for with $BTC but that may not come, as the 0.38 Fib has been acting as a support level, and is has done just that and bounced very well on the 200 Day MA.
We can see with $ETH that it has not broken above the 50 Day MA yet tho, I suspect if $BTC continues moving higher, that $ETH will have no issue breaking above the 50 Day MA level.
Big movement for one day here from $BTC and $ETH, crypto fans should start preparing to start a position or add here, so far both $BTC and $ETH have just made one potential impulse wave, Subwave 2 will tell us everything.
Huat
2023-06-21 12:23:36 +0000 UTC