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I made an alternate count in red.Trade with caution.
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also, fractal idea included, corresponds with alt count.Note
Second Alt Count/Idea... If peak is extended B wave, then here are C targets... also corresponding fib pattern.... We need to break up past the peak to break up.Note
Whoops I made a mistake and drew the target to the .618 when IP targets the .5 fib..This changes things, since there is a transient zone price will bounce off of when we hit the .5/TZ
Now a B wave peak seems much much much less likely...
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Private Chart:
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just tossing ideas around: Note
red is an alternate count, some targets are the same green/blue is the original count.Note
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slight changes... could be near the top, hard to say.Note
Can't make my mind up :)Note
I also have this idea floating around, wave 1 and 5 the same size with an extended 3. Note
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Critical point:Note
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Perhaps we will invalidate the internal fib pattern and move up... broke out of pattern.Stoch Rsi on the bulls side.
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spotted an internal fib pattern on a lower time frame61.8-14.6-61.8
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Well I'm impressed. Go bitcoin!Note
IP2 was invalidated earlier with the new high. Looks like a flag targets are 12.5k(flag)-14k-15.5k-(GANN)Feb charts are still good:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.