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.
2CRAZY 2CRZ price movement prediction 2Crazy / Tether KUCOIN:2CRZUSDT TradeIntuition Price Prediction not financial advice this is for entertainment purposes only always DYOR smash the like button
How to identify Bitcoin Tops and Bottoms! Bitcoin / U.S. dollar BITSTAMP:BTCUSD GAP_UP_INNOVATION If you like this analysis, smash the “like button” and leave a comment below to share your thoughts or let me know […]
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