Looks like we're still completing our C wave, as our RSI indicates no divergence just yet, which is typical between wave 3 and 5. Once that fifth wave completes, we gon' see new bitcoin highs like we've never seen before.
Looks like a contracting triangle is finishing, just waiting on the final wave downwards.
If we test that 50, potential long
Possible long prediction - GBPUSD using Elliott Wave + FIb
Potential 2nd wave retracement
This is a second entry possibility if the 50 is broken. High volume (dashed red line which acts as a magnet) and the golden zone retracement.
Kinda late to get onto the trade, just ensure you enter on a high confluence point.
Watch for price action and take your pick. I'm personally willing to try all 3 as the R/R is good.
Elliott Wave & Fib levels suggest huge stonks to the pitckfork Median line