It seems that Bitcoin might have completed its 3rd wave from the cycle that began at 3 K. Although there is an alternative count, the count mapped out here seems to come together at more levels.
1) yellow 3 hit 200% of yellow 1 measured on logscale.
2) white wave 3 and 5 are equal in length on linear scale (guideline of equality)
3) White wave 2 was a simple structure(zigzag), and white 4 was a complex structure (wxyz) (guideline of alternation)
4) RSI topped on white wave 3, and created divergence on 5th wave (white). there is also divergence between blue wave 3 and 5 (the subways on white wave 5)
So all in all, we could be looking for a 4th wave, that might turn in to a triangle.
1) yellow 3 hit 200% of yellow 1 measured on logscale.
2) white wave 3 and 5 are equal in length on linear scale (guideline of equality)
3) White wave 2 was a simple structure(zigzag), and white 4 was a complex structure (wxyz) (guideline of alternation)
4) RSI topped on white wave 3, and created divergence on 5th wave (white). there is also divergence between blue wave 3 and 5 (the subways on white wave 5)
So all in all, we could be looking for a 4th wave, that might turn in to a triangle.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.