BTC - Where we exactly are? & The next possible Big Moves of BTC
When you have a Dia formation, and wave "G" has finished, what can be expected afterward (price and time)?
ANSWER:
This is a "high level" question, so if you are not serious about wave theory, don't continue.
The post-pattern action following a Dia is not dependent on the Dia itself (as with most other wave formations), but relies on the larger pattern the Dia concludes. For example, did the Dia end wave-A of a larger Flat or Triangle; was it wave-2, wave-4, wave-x, etc.
In order of priority, these are the things you can expect following wave-G of a Dia. The wave right after wave-G will be larger and faster than any "same direction" leg that occurred during wave-G. Next, if that post-G-wave is also larger and faster than waves-B, D and F within the Dia, then the Dia ends a single leg of a larger formation.
If the move after wave-G is not larger and faster than waves-B, D and F, then an X-wave is probably forming. Otherwise, the Dia will be one leg of a larger, ongoing pattern OR it will be wave-1 or 3 of a Terminal formation.
-------------------------------------------
So What does it mean ?
It means, We can expect 2 Scenario)
1st: This Dia itself was Wave 1 of an impulse wave (a Huge Terminal Probably) (Low possibility for this scenario)
That's why we are in correction for +280 Days
yes it can be the wave 2 which is happening now
Its not X, Coz X Itself can not be +0.618 of G , but this is
2nd: This Dia itself can be A - ABCDE - of a Triangle (Higher Possibility in my opinion)
In Both Scenarios - We Should count the waves by ABC, not by 12345 - coz Dias are definitely corrective formations. and we are in 2nd wave(for 1st scenario) or B of a Triangle
Which in both case is ABC or ABCDE or whatever xD
If u ask me
this was the End of G (59.9k)
Not the 64.9k
----
Some Related ideas
---
I ll update this later when the time comes
Whats your opinion for this idea? Agree? or have another Scenario in Mind ? If u want, u can always share it here xD
ANSWER:
This is a "high level" question, so if you are not serious about wave theory, don't continue.
The post-pattern action following a Dia is not dependent on the Dia itself (as with most other wave formations), but relies on the larger pattern the Dia concludes. For example, did the Dia end wave-A of a larger Flat or Triangle; was it wave-2, wave-4, wave-x, etc.
In order of priority, these are the things you can expect following wave-G of a Dia. The wave right after wave-G will be larger and faster than any "same direction" leg that occurred during wave-G. Next, if that post-G-wave is also larger and faster than waves-B, D and F within the Dia, then the Dia ends a single leg of a larger formation.
If the move after wave-G is not larger and faster than waves-B, D and F, then an X-wave is probably forming. Otherwise, the Dia will be one leg of a larger, ongoing pattern OR it will be wave-1 or 3 of a Terminal formation.
-------------------------------------------
So What does it mean ?
It means, We can expect 2 Scenario)
1st: This Dia itself was Wave 1 of an impulse wave (a Huge Terminal Probably) (Low possibility for this scenario)
That's why we are in correction for +280 Days
yes it can be the wave 2 which is happening now
Its not X, Coz X Itself can not be +0.618 of G , but this is
2nd: This Dia itself can be A - ABCDE - of a Triangle (Higher Possibility in my opinion)
In Both Scenarios - We Should count the waves by ABC, not by 12345 - coz Dias are definitely corrective formations. and we are in 2nd wave(for 1st scenario) or B of a Triangle
Which in both case is ABC or ABCDE or whatever xD
If u ask me
this was the End of G (59.9k)
Some Related ideas
I ll update this later when the time comes
Whats your opinion for this idea? Agree? or have another Scenario in Mind ? If u want, u can always share it here xD