Bitcoin might be making a leading diagonal up. On 2 h time frame it looks like we have completed a zigzag as a potential wave 4 of a diagonal.
Not
Have we entered a long term Bear market. ?Perhaps but still it is possible that we are in the final stages of a wave 4. ( expanded flat)The c wave should unfold as an ending diagonal. It appers that wave 1 was zigzag. Wave 3 could be counted as a double zigzag. We should now have 4 that should overlap end of wave 1. Wave 5 should infold as a zigzag and should be shorter the w 3. If we go lower without s Big bounce this is not a wave 4 but a wave 2 Bear market Not
Its possible that it was the bottom and the 4 th wave was a 3-3-3 structure wxy in a shape of a flat. If you look at the weekly we are at bottom of a Channel. If it is a reversal we Will have a 5 th wave up possibly to 108. Same structure on eth. On ripple a zigzag on the weekly seems complete. We Will see Not
31.7 and 28 k are key areas. Will see which of em breaks.İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.