BTC/USD update
7 years ago by srezz (48)
$0.51
- Past Payouts $0.51
- - Author $0.40
- - Curators $0.11
23 votes
- + norwegianviking: $0.464 (100%)
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- … and 3 more
Do you see this as wave y for btc and bold blue line as the tip before it comes down to the dotted blue. Please advise.
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Once the price closed below the bold blue line the blue dotted lines show high probability targets where the market should be held and bounced from. I don't expect any significant bounce. What it will produce though is a new level of daily volatility and therefore new targets.
In terms of EW there are too many variations at this point of time that the entire exercise turns into a form of guessing.
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Thank you, very thoughtful.
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