The Bleed is not Finish - Correction Wave 2 (ABC)
Yes it is on a weekly
Yes, everyone looks on a daily
In theory, timeframe is irrelevant.
As the correction wave ABC, we have not seen B.
Therefore giving consensus that BTC will have to dip for another candle (week)
For Elliot Wave theory to apply.
Correction Mid Bounce (week) = USD$5000-$5500
As long as ABC correction occurs (weekly time frame) = $3138 Final Bounce before retrenchment.
Yes it is on a weekly
Yes, everyone looks on a daily
In theory, timeframe is irrelevant.
As the correction wave ABC, we have not seen B.
Therefore giving consensus that BTC will have to dip for another candle (week)
For Elliot Wave theory to apply.
Correction Mid Bounce (week) = USD$5000-$5500
As long as ABC correction occurs (weekly time frame) = $3138 Final Bounce before retrenchment.
Note
Note: 2nd Line 'Not weekly' ,.. but monthly >.< oops
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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.