Bitcoin August 6th

if this is to go up, it will bounce on lower yellow line. If it doesn't bounce it will count as a "throw-over." I drew yellow lines from Bollinger band and an Ichimoku shelf, center yellow line is the Basis
This is either going to fold into a correction or continue to 50,600 in a wave 5 impulse as a part of the third wave.
my previous posts from the last few days are tagged below
Elliott WaveelliotwaveanalysisTechnical IndicatorsTrend Analysis

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