Bitcoin could be in Minor Wave B of Intermediate Wave B of Primary Wave B. Looks like a LARGE expanded flat. Go long for Intermediate Wave C of Primary Wave B around $400.
This count may be way off, but there should be a HUGE breakout to the upside once we finish this consolidation.
More downside ahead. Might get a bounce before it though. Go long around $200.
PCLN is probably completing intermediate wave (X) of primary wave 4.
SERIOUS BULL RUN AHEAD!!! It'll probably continue sideways for another few months though.
Target = 3,750. The current breakout should have been bought as well.
$79.95 must not be breached for the green impluse wave to be valid. However, as pointed out in a previous scenario I think we could go down to the $50 range.
Inverted "H&S" pattern? 274 bars of length for each expanded flat would make price action look like a GIGANTIC , yet balanced " Bullish Head and Shoulders" pattern. The long target would have to be adjusted upwards (again) to $175, however.
I think the correction may actually still be in progress finally bottoming in late October this year.... unless I counted that (X) wave incorrect - i.e., if it's an impulse instead.