BTC Elliot Wave Count: one idea
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An Elliot correction wave may have been completed.
If so, this ascending channel would be the flag part of the bearish flag.
Be cautious if this is a different pattern, such as a WXY(XZ) pattern. In that case, the above reading is invalidated.
If so, this ascending channel would be the flag part of the bearish flag.
Be cautious if this is a different pattern, such as a WXY(XZ) pattern. In that case, the above reading is invalidated.
Komen
Update. As expected, the channel has been broken.A bearish flag is confirmed.
Highly likely that the correction wave had been completed at (c) on the right.
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