RE: My high probability EW count for BTC

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My high probability EW count for BTC

in cryptocurrency •  7 years ago  (edited)

That's the problem with EW - you always have a multitude of plausible counts, especially in corrections. That is the reason I don't rely on EW and prefer volatility implied targets. I need to see today's close.

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7 years ago by

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      ·  7 years ago 

    Agreed. Also, the way trend lines are converging on daily chart I think coming week could be highly decisive for price directions. If my EW count is correct then this mini bear phase should be over by 1st week of march.

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