Check the Post below with the chart showing the details.
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Observe the support structure and potentials moves.
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Premium Post: BTC (5H) / Algo Technical Analysis Update
Many possibilities in Bitcoin after these 5 waves up within the structure that followed the 5 May lows:
1) we continue higher without getting one of these two boxes;
2) We find support at the iH&S channel support confluent with the blue 0.382 (first green box);
3) We find support at the ML of the iH&S channel at the 0.5 and 0.618 of the whole upward structure (second green box).
Beware of the double top scenario. Hidden bullish divergence will be required to long.

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Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red. [/s2If]
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