I believe that Bitcoin has mad a double correction labelled as WXY and each individual as ABC.
I think the second C wave or Y wave will end in the highlighted zone.
From this point I expect upside. This will either be an X wave if the correction becomes more complex, or the begging wave of a bull run(1).
In the area of the top two horizontal lines is where structure will form to indicate further upside or a more complex correction in which case downside.
This is a delicate time for bitcoin.
I believe that most other coins will perform similarly, some more/less than others.
Any advice or feedback is appreciated.
Thanks.
I think the second C wave or Y wave will end in the highlighted zone.
From this point I expect upside. This will either be an X wave if the correction becomes more complex, or the begging wave of a bull run(1).
In the area of the top two horizontal lines is where structure will form to indicate further upside or a more complex correction in which case downside.
This is a delicate time for bitcoin.
I believe that most other coins will perform similarly, some more/less than others.
Any advice or feedback is appreciated.
Thanks.