220421 BTCUSD Analysis (elliott wave with cypher pattern)

Bitcoin / TetherUS BINANCE:BTCUSDT

movida

1h: 5th wave seems to be completed with the indicator divergence.

But cypher prz has not been fully tested and the 5th wave fibonacci extension target has not been reached, thus upward momentum is still there.

If the orange trendline breakout is confirmed, it can go even lower than the previous low.

Thanks

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