ATLjonboy

Btc Two Ways. Bear path and Bull Path

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BITMEX:XBTUSD.P   Bitcoin
Which path will btc take?
If we are still in a bear market then this up swing was an abc correction and a new 12345 impulse wave is going to start.
If the last big low was the start of the bull run then this 3rd up swing is not a correction but the third leg of an impulse wave.
I do not like being in the market on the weekend. Still parked in tether.
we should have a clear picture by tonight which path it is taking.
if this is the bull run then i will switch to using btc as a base pair.
if we are still in bear then i will stay in tether and make alt trades for a few more weeks.
Komen:
here is the same chart with the inverse head and shoulders being more level.
this also has the trend lines all converging to a point around noon on monday
Penafian

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