RE: Bitcoin (BTC) Morning Update: More Detailed Explanation of Triangle vs Bear Flag

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Bitcoin (BTC) Morning Update: More Detailed Explanation of Triangle vs Bear Flag

in bitcoin •  7 years ago 

I can accept that, but where do you see the 1 and 2?

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7 years ago by

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      ·  7 years ago 

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      1 vote
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        ·  7 years ago 

      Interesting. Is that a daily chart?

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          ·  7 years ago 

        yes

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            ·  7 years ago 

          i didnt open the chart but from your screenshot i would say that 1 & 2 are correct, simply change the postion of 3 & 4 and put 5 on the top

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            1 vote
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              ·  7 years ago 

            Also, the man himself called it wave 3. I know that he has revised waves before, but it really does seem to look like wave 3.

            Post from last month: Alt Text

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              [-]
                ·  7 years ago 

              that's why I don't like to strech the 3 to much, I always use the 1,61 fibonnacci and when price is near that point I keep an eye open.

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                  ·  7 years ago (edited)

                one main lesson you should have learned by now is to remain flexible.

                anyway seems haejin quit nailed it with his call and I guess the reason why haejin has chosen not to put (3) lower is that it might almost be shorter then (1), so from this perspective I would agree with his count as well.

                maybe some more inputs from the community?

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                    ·  7 years ago 

                  Input from the community would be great! Upvote my original post to get some more visibility. I upvoted yours, so I'm not just out for the steembux

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                      ·  7 years ago 

                    done :-)

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                    1 vote