This bitcoin is really complicated. This is the last thing that came to my mind. This triangle is the rarest Elliott triangle. It happens once in a hundred years.
The explanation is that. Bitcoin has started a big cycle 5 wave from point 30k(I). The third wave went open again as a 5 (1.2.3.4.5)wave. Inside these waves we now have a strange triangle.
The triangle itself, which is formed in the fourth correction wave and the fifth(5) wave, is very difficult and complex.
And after completing the third wave, we have a relatively large correction. Let's go to the (V) wave of the big cycle until finally 100.
The explanation is that. Bitcoin has started a big cycle 5 wave from point 30k(I). The third wave went open again as a 5 (1.2.3.4.5)wave. Inside these waves we now have a strange triangle.
The triangle itself, which is formed in the fourth correction wave and the fifth(5) wave, is very difficult and complex.
And after completing the third wave, we have a relatively large correction. Let's go to the (V) wave of the big cycle until finally 100.
Note
Note
-----------
irregular epanded flat abc
Note
Note
The price could not rise above 58. This analysis needs to be changedNote
It should not have penetrated the first wave of our Elliott.This penetration and fall showed that the impulse wave is not 5.
There is a correction
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.
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.