RE: Bitcoin (BTC) Evening Update: A Directional Resolution is Needed

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Bitcoin (BTC) Evening Update: A Directional Resolution is Needed

in bitcoin •  7 years ago 

My thoughts on Verge:

Or alternate:

or vs. BTC:

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I'm curious about your A-B-C-D-E lines. Is it suppose to form a triangle correction ? Cause each are perfectly horizontale and parralele to the other, not really looking like a triangle.

The bottom of wave 4 can’t be below the top of wave 1. I had an earlier problem with Haejin’s XVG analysis. He seemed to have counted waves with those two crossing. Same on zcash. His chart had wave 1 and wave 4 crossing.