Wave 5 (of [1]) : BTC : Elliott Waves
Updated
After checking the 1minute chart on that deep wick. it seems that the wave 4 ended at the 38.2% retracement mark and was an irregular flat wave (wave c = 2.618x wave a).
Here are the targets for wave 5.
we have already crosses the 100% of wave 1 target.
remaining ones are 161.8% (double top or truncated wave 5) or 261.8% of wave 1 (around 9500$).
This will complete the 5 wave structure of a wave 1 that we formed here.
Here are the targets for wave 5.
we have already crosses the 100% of wave 1 target.
remaining ones are 161.8% (double top or truncated wave 5) or 261.8% of wave 1 (around 9500$).
This will complete the 5 wave structure of a wave 1 that we formed here.
Note
For wave 4, see here:
Note
going for 9501
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