BITCOIN >> MARCH 17 << ABC CORRECTION FOR WAVE 2 95% COMPLETE

Updated

It looks like wave 4 of c is complete, if not is about to be complete and therefore wave 5 of c is on track. Hopefully wave 5 of c won't be extended.

DISCLAIMER: THIS IS NOT PROFESSIONAL ADVICE BUT MY PERSONAL REFLECTION OF THE MARKET.

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Wave 5 of could have 2 possible targets. The first target would be the low of the red channel. The second would be the low of the yellow channel. Again counting the wave correctly would best determine it.

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Just so you know the waves and channels I draw on my charts are rough estimates. The wave count is what matters. I'll adjust them as the waves complete.

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Possible first outcome of wave 5 of c

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Possible second count of wave 5 of c

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Wave 5 of c may have completed. However this is the scenario we may assist to: The abc correction to the upward could be an expanded flat, meaning we may have another low followed by a brutal thrust to the upside. Again that's a possibility

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As mentioned in my last update, the expanded flat is still valid.

bkouassi89

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