After a clear 5-wave move to the downside, establishing a bear market, we can see a three wave ABC corrective move to the upside. Trends can easily be defined as having clear swings with minimum overlaps, which is shown in the 5-wave pattern here. Corrective patterns generally have many overlaps and less clear swings, as can be shown by the ABC move.
I see this as a likely top of a C-wave , where a bear market will continue.
BTC expected to hit 39,000 BTC/USD COINBASE:BTCUSD NanaBillionz Before the week ends, we are hitting 39,000 dollar per BTC before ANY further Movement below 30,000
LONG CHR CHR / TetherUS BINANCE:CHRUSDT MayfairMarkets We play this buy opportunity on two entry levels, with a buy limit at 0.5119 and a buy stop at 0.5240. Targets: $0.5315 / $0.5390 SL: $0.5100
Possbile BTC repeating itself again BTC Perpetual Futures Contract BINANCE:BTCPERP wakefulGnu24024 Not a prediction of a bull or bear, just observation. 20-30 sept 2021 when btc couldn’t break to downside. I think se same is […]