Could be, we'll see, buying op at the bottom of the correction! Still long
Just a model of how an impulse could occur out of this basin stage
Lets see if we can get a solid trend reversal for the precious metal in the next few years.
ABCDE need to finish off so bitcoin can make it's next impulse upwards. This could also breakdown into a Zig Zag, or Flat corrective wave (Lowest $7400)
Wave Counts are in, lock in your bets.
ABCDE Wedge so it can test the upper support line a few more times.
Just a potential count, fun to plot out.
As per wave count it seems like IOTA has completed it's correction along with BTC.
I say yes, bottom is more likely; if it can't breach the top of the wedge it will unfortunately retrace back down to $5500 before completing the correction.
ABCDE wedge was only temporarily breached, and formed a Bull Wick.
This is going to form another leg down
This will lead the way for wave 3 of the larger wave 3 (gains)
For sure bet, 100% guaranteed
Possible Inverse head and shoulders forming
If this impulse plays out it could be a larger trend reversal