It seems that Bitcoin might have completed its 3rd wave from the cycle that began at 3 K. Although there is an alternative count, the count mapped out here seems to come together at more levels.
1) yellow 3 hit 200% of yellow 1 measured on logscale.
2) white wave 3 and 5 are equal in length on linear scale (guideline of equality)
3) White wave 2 was a simple structure(zigzag), and white 4 was a complex structure (wxyz) (guideline of alternation)
4) RSI topped on white wave 3, and created divergence on 5th wave (white). there is also divergence between blue wave 3 and 5 (the subways on white wave 5)
So all in all, we could be looking for a 4th wave, that might turn in to a triangle.
1) yellow 3 hit 200% of yellow 1 measured on logscale.
2) white wave 3 and 5 are equal in length on linear scale (guideline of equality)
3) White wave 2 was a simple structure(zigzag), and white 4 was a complex structure (wxyz) (guideline of alternation)
4) RSI topped on white wave 3, and created divergence on 5th wave (white). there is also divergence between blue wave 3 and 5 (the subways on white wave 5)
So all in all, we could be looking for a 4th wave, that might turn in to a triangle.
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.
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.