Updated
QLCBTC to form big cup&handle - 2
green/sub waves in purple wave 3:
wave 2 0.618 with a corrective wave abc.
expecting:
wave 3 @ 1.618
if wave 4 @ 0.5, then wave 5 could be trend 2.618(more likely)
if wave 4 @ 0.382, expecting 5 could be 1-1 wave 1
For the general idea of macro waves(light blue), will update along with the movement.
wave 2 0.618 with a corrective wave abc.
expecting:
wave 3 @ 1.618
if wave 4 @ 0.5, then wave 5 could be trend 2.618(more likely)
if wave 4 @ 0.382, expecting 5 could be 1-1 wave 1
For the general idea of macro waves(light blue), will update along with the movement.
Note
there's a possibility that the upcoming sub 3 wave of QLCBTC will directly go to form big cup. target is the green arrow 5Note
check and follow the update on this chart:
Note
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Related publications
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.