eliliving

Bitcoin (BTC): Healthy Correction

eliliving מעודכן   
COINBASE:BTCUSD   ביטקוין
This might look a bit messy, but what I have here is called a "flat". It's a correction that consists of three major waves (ABC) (in the pink). Each wave has a number of sub waves. Wave A containing three sub waves (as shown, A B C in the orange going DOWN), Wave B containing three sub waves (as shown, A B C in the orange going UP), and Wave C containing 5 sub waves (as shown, 1 2 3 4 5 in blue going down). Even if the final wave dips a little lower, it's still a healthy correction.
הערה:
Looks like the last wave will dip a little lower.
הערה:
So I did not realize this until now, but there's a shoulder pattern within a shoulder pattern. I believe we are done with the correction. I will publish my next idea very soon.
הערה:
New idea on Bitcoin from me is up, check it out!
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.