This is a possible triangle in yellow wave 4 developing in BTC. If so, it could soon look like this:
UPDATE: likely not a triangle! White wave 3 is done or this is the C leg of yellow wave 4 now.
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not a financial adviser. The material in this post does not constitute any trading advice of any kind. This is just the way I see the charts and what my trading ideas are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is entirely at your own risk. I am not responsible for any of your losses. By reading this post you acknowledge and agree that you will never hold me liable for any of your losses.
Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)
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I upvoted you as a witness :) good luck!
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Resteemed :-)
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Glad that you are back. Why so silent in the last months?
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Just wanted to do really nothing for a few weeks. I did not take a single picture within that time :-)
Thank you very much.
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Great time for a comeback :D BTC is working on a new uptrend, but it's still a long way to get there.
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U r awesome in EW man
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thx
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