RE: Bitcoin (BTC) Morning Update: Triple Decker Inverted Head & Shoulders

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Bitcoin (BTC) Morning Update: Triple Decker Inverted Head & Shoulders

in bitcoin •  7 years ago 

Very nice channel. Any ideas on the EW coun prior to the ABC?

bitcoin
7 years ago by

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      ·  7 years ago 

    I studied it carefully. I have my doubts because I cannot find wave 4 to be lower than the bottom of Wave 1. This gives me a feeling that Wave 5 of the downtrend is yet to play out. I have pasted both the scenarios here, what do you think @haejin

    Scenario 1 (Sacry Bottom target) :

    Scenario 2 (Bottom already in for the time being - Wave Count - But Wave 4 is higher than low of Wave 1 or very close) :

    Let me know what you think.

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