Updated

Bitcoin potential wave count

Going to be watching a potential count.

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MACD histrogram shows largest value in wave III as shown in the high probability zone of 1.618

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Sorry, my wave ii label is off, this is where it should be.

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Wave ii count, histogram has wave a as the largest

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Wave I & 2, of wave 3 overall down perhaps?

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This count thus far leaves wave 3 in the high probability zone of 1.618 as well

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Fibs on top of fibs to show levels

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Sets up our wave iii in the high probability zone here once more as seen above.

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I think I actually like this count better, but I'm sure bitcoin will throw it all out the window soon anyhow, LOL

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Overall revised count. I'm learning to work through EW, so please - if you see something that would invalidate this, let me know. It would be beneficial to me, to learn from my mistakes.

I do well with indicators, not so much with counting waves....lol makes no sense, I know.

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Aside from my obvious stupid blunder putting a wave 4 overlaps of wave 1 like a dummy! whoops.

Kgear117

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Kgear117