self explanatory, i am currently believing that price action has formed an irregular flat nested inside another regular flat (for its C wave)
the lead up to coinbase's listing was incredibly bearish & could even fit the formation of a bear market correction
it could be considered possible that the initial correction had completed due to the swing at 0.618 of B, however subsequent progression does not resemble an impulse nor does it extend to any fibonacci levels - also, this cannot be a complex xyz correction as the X impulse does not meet any fibonacci criteria
take as you will, im waiting for the cheap long
the lead up to coinbase's listing was incredibly bearish & could even fit the formation of a bear market correction
it could be considered possible that the initial correction had completed due to the swing at 0.618 of B, however subsequent progression does not resemble an impulse nor does it extend to any fibonacci levels - also, this cannot be a complex xyz correction as the X impulse does not meet any fibonacci criteria
take as you will, im waiting for the cheap long
Note
wave 3 target: 133,124.30
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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.