Lord_Of_Dax_

BTC - 15m FOCUS on 5 waves DOWN before relief RALLY ?

COINBASE:BTCUSD   ビットコイン/米ドル
TradingView wouldn't let me share my 5m Chart but as an EW analyst, I'm working on every time frame. Even 1m if I need to.

We can clearly see an impulse move to the downside and expecting a final leg down before a relief rally.

Black BOX is to be expected for a BOUNCE if wave 5 does not extend. As we've seen a quite significant extension on wave 3 (361.8%), I'm expecting a normal wave 5.

Let's see how it will play out.

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