Bitcoin - BTC/USD Wave Map.
Updated
Follow the Yellow Brick Road! the Master Wave.
Not giving direction in where we are going... but sharing my wace map and how it plays an important role in showing me the resistance and supports, also where the neutral price zone is (yellow Wave). But from examining the waves it obviously shows we have started the ascend phase in the other words we are bullish, and it got out of the descend phase ( bearish market), but once again even in a bull market this price could drop too, you will notice this when two waves intersect.
Good luck everyone.
Not giving direction in where we are going... but sharing my wace map and how it plays an important role in showing me the resistance and supports, also where the neutral price zone is (yellow Wave). But from examining the waves it obviously shows we have started the ascend phase in the other words we are bullish, and it got out of the descend phase ( bearish market), but once again even in a bull market this price could drop too, you will notice this when two waves intersect.
Good luck everyone.
Note
Also I would like to thank dkh for helping me understand and teaching me the way sine waves work, teaching difference between volumes and price and time action. If it weren’t for you I would not be able to make this. I know I’m two generations behind with what you are doing so I wish you the best of luck and a bright future.
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