BTC 25.02

in bitcoin •  7 years ago  (edited)

This is how i count BTC.

First of all i ve started to ignore the wicks 90% of the time... and to work with the highest time frame i can. This is why:

If you go to 1h chart you miss the count. If you include the wicks you miss the count:

1

look even the fib ratio is almost exact if you use the right time frame and if you ignore the wicks.

2

keeping this in mind ... another thing that i do is i always identify the triangles.... (the 4th waves and the B waves) the moments of indecision. The huge wars between trendlines where the price gets so twisted as you have no ideea how to count it. exp:

here 4th and 2nd wave are inversed.

now we can count this at a lower time frame

3

so this is my count.
4

So if you compare the two and keep in mind what i have said before :
i espect a FULL candle lower low. But not lower than the previous wick

5

so the target is a little under 8000 and it's confirmed by fib of current waves
something like that

6

let's see how wrong i will have been. :)

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