Bitcoin
Panjang
Telah dikemas kini

The Wave 4 Correction is over...

439
No need to sweat, the bears have ran out of steam, the correction is over.

If you followed my count of the Wave 4 correction, you would have known I have called the bottom.

Here is a quick rundown of how I see the next two weeks playing out.

Let me know what you think...
Nota
syot kilat
Nota
As soon as we breach the local top, that is confirmation the bottom is in and a short term bullish sentiment has been established.

Chart:
syot kilat
Nota
Once we cross the green line, bullish sentiment has been established.

Chart:
syot kilat
Nota
Bullish Sentiment Established.

Chart:
syot kilat
Nota
syot kilat
Nota
syot kilat
Nota
Last update here...

Possible Triangle forming.

There are three scenarios;

1) Wave B forms a Triangle.
2) The ABC correction is complete and the original charting was correct, however, I have my doubts as targets were not met and PA is not thrusting up.
3) I am wrong, and the correction is not complete. In fact, if I am wrong here, I have to assume Wave C is complete and we are bearish.

Chart:
syot kilat

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.