Bitcoin might be making a leading diagonal up. On 2 h time frame it looks like we have completed a zigzag as a potential wave 4 of a diagonal.
Nota
Have we entered a long term Bear market. ?Perhaps but still it is possible that we are in the final stages of a wave 4. ( expanded flat)The c wave should unfold as an ending diagonal. It appers that wave 1 was zigzag. Wave 3 could be counted as a double zigzag. We should now have 4 that should overlap end of wave 1. Wave 5 should infold as a zigzag and should be shorter the w 3. If we go lower without s Big bounce this is not a wave 4 but a wave 2 Bear market Nota
Its possible that it was the bottom and the 4 th wave was a 3-3-3 structure wxy in a shape of a flat. If you look at the weekly we are at bottom of a Channel. If it is a reversal we Will have a 5 th wave up possibly to 108. Same structure on eth. On ripple a zigzag on the weekly seems complete. We Will see Nota
31.7 and 28 k are key areas. Will see which of em breaks.Pubblicazioni correlate
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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.