Bitcoin

Zoom in of my Wave Count, 786 retracement and Heads and Shoulder

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This is a followup of
Elliot Count
which shows my long-term Elliott count zoomed out. Here in this chart we zoom in on the convergence area of $17k, which crosses the long term-trend line, conveniently sits above the Wave 1 figure of $13k, is the end of the Heads and Shoulders that was confirmed at the end of last week (broke the neckline, and is 85% accurate), and is the 786 retracement level of Secondary Wave 3. It is important to hit this $17k, in order to properly begin the journey on Wave 5 to $500k, since wave 5 will be so wild.

Penafian

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