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.
Ronin, The Chinese Master. Ronin/Tether OKEX:RONUSDT AlexisFerlian Once upon time existed a man who spent his life trying to catch the best NFT game to enrich it self…. He called Bitcoin a shit coin with […]
Bitcoin CHANNELS .. AGAIN. Bitcoin / Dollar BITFINEX:BTCUSD mesrotten IMO we can see huge channel in making with target around 200 k within nxt 12/13 months
SOL – 4H Timeframe ✅ SOL / TetherUS BINANCE:SOLUSDT ShawnMCR Let’s see how SOL is behaving. This is a 4H chart. The Fib retracement shows that price has moved to the resistance areas. There are […]