Seems to me (though I am learning) that we are in the first corrective wave of a larger wave.
I think we will bounce off of $10,200 and then work our way towards $15k.
Its possible we reached the peak of the channel and seen a pivot into a new pattern though I am feeling short term bearish and remain long term bullish
I think we will bounce off of $10,200 and then work our way towards $15k.
Its possible we reached the peak of the channel and seen a pivot into a new pattern though I am feeling short term bearish and remain long term bullish
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Noticed wave ratio's that say wave 2 falls to 50-62% of wave onewhich would put it around $8-10K so my bounce target seems high.
Just learning and sharing idea's.
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Perhaps just above $10k will be the end of corrective wave A. I need to read more about Elliot Waves
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Looking for an entryノート
Possible end of correction wave. Should know soon. Still could be bearish as descent was steep
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Seems the correction wave ended and we are seeing a tight channel for now.ノート
Nailed the bounce by $50. If this is the start of a larger wave 3 then I can see BTC pushing for a new ATH on this wave. Pretty sure the correction wave is over and we are ascending a larger wave 3.ノート
Lets see where this takes us. Staying bullishノート
Ascending nicely. Trying to plan a profit pointノート
Wild guess for BTC. Testing thoughts on Wolfe wavesノート
Its possible (im still learning) that we are still in the corrective wave.My guess is that it will end at about $9500 and 10-11pm UST before ascending again
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