Btc 5-23 update
מעודכן
good afternoon;
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btc looks to be playing out a double combo in this general region.
a double combo is a series of three wave moves which are labeled as a w-x-y.
each leg in a double combo consists of either an abc, or a wxy. (it could also contain a triangle, but they're a bit more rare).
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i'd be expecting a 3 wave move which takes btc down to around 27.8k to complete wave (x)
followed by another 3 wave move which takes us up to 33k to complete wave (y)
after which, i do believe it falls off a cliff again.
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the new moon lands on may 30th this month;
historically speaking, the new moons have called every single top in this bear market to date.
it may have missed one, so 95% accuracy thus far.
👇
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ps. it's also possible btc simply just dumps it from here, so watch the reaction from the level on my chart. if it starts flipping it to resistance, watch for a move down to around 24k - as talked about in my previous post:
---
btc looks to be playing out a double combo in this general region.
a double combo is a series of three wave moves which are labeled as a w-x-y.
each leg in a double combo consists of either an abc, or a wxy. (it could also contain a triangle, but they're a bit more rare).
---
i'd be expecting a 3 wave move which takes btc down to around 27.8k to complete wave (x)
followed by another 3 wave move which takes us up to 33k to complete wave (y)
after which, i do believe it falls off a cliff again.
---
the new moon lands on may 30th this month;
historically speaking, the new moons have called every single top in this bear market to date.
it may have missed one, so 95% accuracy thus far.
👇
---
ps. it's also possible btc simply just dumps it from here, so watch the reaction from the level on my chart. if it starts flipping it to resistance, watch for a move down to around 24k - as talked about in my previous post:
הערה
zooming out a bit, here's what i'm working with
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.