Liftoff Nears, Bitcoin set to Explode
A capitulation wick to the .5 could happen before continuation but it seems doubtful to me. After a deep wave two a shallow wave 4 triangle makes a lot of sense. This combined with the rising weekly 21 and daily 200 make me omega bullish. It’s going up folks
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Another way of looking at the weekly, an ascending triangle
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Here is a look at my count for the 3,3,3,3,3 correctional triangle we are in
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To be clear, I think the most likely scenario is my last update, which is a ABCDE corrective wave 4 triangle. However I posted the flag and the ascending triangle as other possibilities. Thank you for reading.
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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.