So where is the impulse? Any decent analyst could have called this, yet once again @haejin completely failed at his (who knows what number TA this is...) 40th-50th look at BTC. He hasn't been right about anything the last few months.
RE: Bitcoin (BTC) Morning Update: Revised Impulse to $9,700
You are viewing a single comment's thread from:
Bitcoin (BTC) Morning Update: Revised Impulse to $9,700
Exactly the same advice for You. Learn, even a bit yourself. Anyone who knows more or less anything about TA knows that correction retraces most frequently to the level of 4th wave of previous cycle, but can and often goes as low as the bottom of wave 2, sometimes even close to start of wave 1.
In this short correction we're in, it chose a deeper retrace. Nothing to add. No matter how many indicators You stack, one over another, You can only guess how deep the correction will go, so You choose the most probable (most frequent scenario).
If You knew anything, You would know that what's happening now doesn't change a thing, literally NOTHING in this particular prediction. The target stays more or less the same, the path is changing with time.
Impulse up is still due.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit