BTC UPDATE Alternate
BTC/USD COINBASE:BTCUSD
Alternate bullish counts :
Pattern : 1-2, 1-2 or WXY
Feedback : 1-2 , 1-2 is possible if we see a reaction at the “Green square’
where we have the “Median of the Parallel” , 4hr 200 MA , Algo Retracement Zone , Pivot points .
Now what I wouldn’t wanna see for this count is coming into this “Golden Rectangle” below as that is ‘2 sliding Parallels”
away from a certain “Pitchfork” which is not what we want . We swell of the invalidation “Dashed Line” right below.
Alternate #2 : WXY ( Sharp double zigzag ) we pretty much want the same result as the count above
but we wouldn’t wanna see it below the “Parallel” but first warning
would be under “37.7k” as that is under the “W waves Algo”.
